JetBlue Wins Spirit’s LaGuardia Slots for $58.5 Million — Below Spirit’s Own Estimate

JetBlue’s winning bid comes in well below Spirit's $86.7 million valuation of its LaGuardia slots.

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Frequently Asked Questions

What is the value of the LaGuardia slots?

JetBlue won the LaGuardia slots for $58.5 million.

How much did Spirit estimate the slots were worth?

Spirit estimated the slots were worth $86.7 million.

Why is JetBlue's bid significant?

JetBlue's bid is significant as it is below Spirit's own valuation.

What does this acquisition mean for JetBlue?

This acquisition allows JetBlue to expand its operations at LaGuardia Airport.