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Department of Justice Reportedly Probing American/JetBlue Alliance

Department of Justice Reportedly Probing American/JetBlue Alliance

The U.S. Department of Justice (DOJ) is reportedly probing an alliance between American Airlines Group (NASDAQ: AAL) and JetBlue Airways (NASDAQ: JBLU), investigating whether coordination between the two airlines would lead to anticompetitive behavior and higher fares at certain airports. The airlines argued that by cooperating and swapping landing rights at New York's many airports, they could offer better options to fliers in the region. The report notes that the DOJ investigation is continuing with no final conclusions reached and that any decision could be impacted by input from Transportation.