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  "documentTitle": "jetBlue | Mergers and Acquisitions Presentation Deck | 37 slides",
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  "presentationDate": "2022-05-01 00:00:00",
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  "notes": "Uses a decision tree/flowchart to illustrate that both outcomes of the NEA litigation lead to a favorable or neutral position for the Spirit acquisition.",
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      "kind": "callout",
      "text": "JetBlue expects to win the Northeast Alliance litigation, reinforcing its pro-competitive nature. The outcome is irrelevant for the regulatory approval of the Spirit transaction",
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      "text": "The Northeast Alliance turbocharges JetBlue’s ability to compete in the Northeast, already delivering consumer benefits. Unlocks JetBlue growth in an otherwise constrained geography, with stated commitments to grow seats at JFK and LGA by 15% by 2025. JetBlue will fly 52 daily flights from LGA in August using larger E-190 and A320/1 aircraft, made possible by access to 35 American Airlines slots, which were previously on smaller regional jets. JetBlue is committed to divesting Spirit’s holdings in NYC and Boston to address any overlap upfront. The Northeast Alliance trial will begin in September, and will be decided long before the resolution of any challenge to the Spirit transaction.",
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      "kind": "title",
      "text": "Spirit Board’s arguments about the Northeast Alliance are baseless; the Northeast Alliance is pro-competitive and the litigation outcome irrelevant",
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