(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)