Home All NewsBusiness NewsUS senator wants JetBlue CEO to answer if Spirit deal will hike air fares

US senator wants JetBlue CEO to answer if Spirit deal will hike air fares

by Reuters

(Reuters) – Democratic Senator Elizabeth Warren asked JetBlue CEO Robin Hayes to answer if the low-cost airline privately forecast its planned $3.8 billion merger with Spirit Airlines will dramatically hike air fares, according to a letter seen by Reuters.

She cited reports that court documents suggested internally JetBlue had estimated fares on Spirit planes “could go up by as much as 40%,” following the merger.

JetBlue said Wednesday the reported claims do “not reflect facts set out in JetBlue documents.”

(Reporting by David Shepardson; Editing by Chris Reese)

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