In mid-2020, JetBlue CEO Robin Hayes told Wall Street analysts that lacking a global network made it hard to compete for corporate accounts, and that a new partnership with American Airlines would remedy that. A federal judge on Friday dismissed Hayes’ argument, among others, finding the partnership violated antitrust law and ordering American and JetBlue to unravel it within 30 days.
According to Judge Leo T. Sorokin of U.S. District Court in Boston, the alliance agreement contemplated joint corporate bids but “no customer had requested such a bid, and the defendants had not [on their . . .