JetBlue Airways Corp. (JBLU) beat rivals that included Southwest Airlines Co. (LUV) to win an auction for new flights at New York’s LaGuardia airport and Reagan airport in Washington, two people familiar with the matter said.
JetBlue will receive eight pairs of takeoff and landing slots at each of the airports, said the people, who weren’t authorized to comment publicly about the U.S. Transportation Department auction. WestJet Airlines Ltd. (WJA) said yesterday it won the auction for eight other slot pairs at LaGuardia.
Southwest, the biggest discount carrier, is almost three times as large as JetBlue based on passenger traffic. Dallas- based Southwest had said it would bid for flights at both LaGuardia International and Ronald Reagan National, where federal rules limit the number of takeoffs and landings.
via JetBlue Said to Win U.S. Auction of New York, Washington Flights – Bloomberg.