Spirit Airlines' 22 LaGuardia Slots, Valued at $87 Million, Go to Highest Bidder
Following the termination of its merger with JetBlue Airways, Spirit Airlines is auctioning off 22 coveted slots at New York's LaGuardia Airport. These slots were originally part of a divestiture package intended to gain regulatory approval for the now-failed deal. The slots, which were acquired from Frontier Airlines, are now being sold to the highest bidder. The transaction is valued at an estimated $87 million, highlighting the significant value of operating rights at the congested New York airport. The sale marks a significant shift in assets following the collapse of the major airline merger.
Official Source: https://simpleflying.com/spirit-airlines-22-coveted-laguardia-slots-go-to-highest-bidder-valued-87-million/
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