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Share Name | Share Symbol | Market | Type |
---|---|---|---|
JetBlue Airways Corporation | NASDAQ:JBLU | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.13 | 2.24% | 5.93 | 5.90 | 5.93 | 5.93 | 5.74 | 5.80 | 12,296,678 | 00:56:51 |
By Matt Grossman
American Airlines Group Inc. on Wednesday reiterated its opposition to a Department of Justice antitrust lawsuit that alleges its partnership with JetBlue Airways Corp. is anticompetitive.
"American believes the complaint is without merit and will defend itself vigorously," the airline said in a Securities and Exchange Commission filing.
The lawsuit, which is joined by six states and the District of Columbia, alleges that a partnership between the airlines to market each other's flights on certain routes is a maneuver to consolidate the airlines' control over the industry.
American Airlines Chief Executive Doug Parker and JetBlue CEO Robin Hayes criticized the lawsuit, saying the partnership helps the airlines better serve customers by expanding low-fare offerings and making more long-haul international flights from New York viable for American.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
September 22, 2021 08:05 ET (12:05 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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