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© Reuters. FILE PHOTO: Airplane model is placed on displayed Spirit Airlines and jetBlue Airways logos in this illustration taken, June 21, 2022. REUTERS/Dado Ruvic/Illustrations/File Photo
(Reuters) – Democratic Senator Elizabeth Warren asked JetBlue CEO Robin Hayes to answer if the low-cost airline privately forecast its planned $3.8 billion merger with Spirit Airlines (NYSE:) will dramatically hike air fares, according to a letter seen by Reuters.
She cited reports that court documents suggested internally JetBlue had estimated fares on Spirit planes “could go up by as much as 40%,” following the merger.
JetBlue said Wednesday the reported claims do “not reflect facts set out in JetBlue documents.”
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