Big guns being thrown in now, Divestitures. [Robin is in the seat and being questioned by the Defense]


Here is an interesting development. And yes Judge, I'm reading into it lol

"A combined JetBlue-Spirit would make divestitures, to appease expected regulatory requirements, Hayes says.

In a letter to Spirit board, JetBlue noted a "proactive offer to DOJ of a remedy package" that offers divestiture of all Spirit assets in New York and Boston, so JetBlue would not increase its presence at NEA airports. Also gates and related assets in FLL.

Judge asks Hayes if he's ever heard of a judicial decision that says "this doesn't pass muster, but if you did the following, maybe it would." Judge stresses multiple times "don't read anything into this."

The context is JetBlue making the proactive divestitures."

My reading into this is the Judge liked the idea that JB was proactive in making divestitures offers and probably was wondering where Hayes derived that idea, hence the question from the Judge.

 

The Defense finished up with this below. (Everything copied from David's Twitter, from The Points Guy)

["Discussing NEA now


During NEA trial, DOJ made comments on JetBlue product, concern that it would change its product if NEA continued.

Wow, reading specific statements that DOJ made during the NEA trial:

"JetBlue is unique among LCCs,"
"JetBlue differentiated itself from other LCCs by offering not just low fares, but high quality service."

"High quality of service allowed it to compete effectively against legacy airlines in ways other LCCs/ULCCs could not."
"For more than 2 decades, JetBlue served as legacy airlines' foil in the northeastern US."

"In total, competition between JetBlue and the legacy airlines has saved travelers billions of dollars."

All DOJ statements from last year's Northeast Alliance trial."]

 

it’s pretty clear you have to be a Twitter subscriber to see anything on Twitter directly.

 

Can't keep it a secret any longer. SDQ fortress hub imminent.

 

Eskimobros, we coming for you next

 

Hahahahha yup. Alaska Merger next

 

Day 5 of the Merger Trial unrolled below


https://threadreaderapp.com/thread/1...914520747.html

 

Confirmed in court with BOD documents JB was working on a Spirit acquisition in 2019 and early 2020, before the F9 deal was announced.

 

Even back in 2017:

 

Today David was out of court but someone shared this twitter account of someone else seemingly writing out the transcripts starting from Day 1. Today, Nov 7th, marks Day 6 of the trial so it's probably going to take some time to catch up if that person has all the transcripts. Link below

https://x.com/copperwaterarb?t=SxiMb...f5Y2S3Waw&s=09