JetBlue CEO Says DOJ Has Been ‘Short-Sighted’ on Airline Mergers

The top executive at JetBlue Airways Corp. called out federal antitrust authorities for policies she says have exacerbated competitive imbalances and made it harder for small airlines to turn a profit.

Chief Executive Officer Joanna Geraghty said in an interview that the US Department of Justice has been “a bit short-sighted” when evaluating corporate acquisitions in recent years. JetBlue has had two tie-ups dashed by regulators recently, including a planned acquisition of Spirit Airlines Inc. that fell apart earlier this year.

JetBlue Airways Chief Executive Officer Joanna Geraghty discusses plans for the airline’s first-ever airport lounges as it expands premium offerings and why the company is focused on an “organic plan” over acquisitions. She speaks to Lisa Abramowicz from the Skift Global Forum in New York. Source: Bloomberg

The comments come days after rival Alaska Air Group Inc. was allowed to complete its ...

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