JetBlue has won the auction for Spirit Airlines’ former slots at LaGuardia Airport, Reuters reported Monday.
Citing court documents, the outlet said JetBlue bid $58.5 million for 12 daily departure slots and 10 arrival slots at LaGuardia, which is one of three U.S. airports that use a slot system due to high demand.
Spirit formerly connected LaGuardia to destinations such as Dallas/Fort Worth, Chicago O’Hare, Detroit, Houston, and Fort Lauderdale, Florida. The carrier folded on May 2, and all flights were immediately canceled.
A small core of Spirit employees is overseeing the liquidation of the airline’s assets, including airport gates and slots.
Reuters reported that JetBlue beat out a rival bid from Frontier, which offered $57.5 million for the LaGuardia slots. JetBlue already has 31 slots at the airport.
Spirit will seek final approval for the sale at a bankruptcy hearing in New York on Wednesday.
