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Thursday, January 30, 2014

JetBlue says it acquires slots at Reagan National Airport, (NASDAQ: AAL), (NASDAQ: JBLU)

JetBlue Airways said on Thursday it won takeoff and landing rights at Reagan National Airport near Washington that American Airlines Group was required to shed under an agreement with the U.S. government. New York-based JetBlue said in a statement it was told its bid for 12 slot pairs at Reagan National was accepted, with a final agreement subject to approval of the U.S. Justice Department.It also said American had agreed to the permanent transfer to JetBlue of eight other slot pairs at Reagan National that JetBlue has been operating temporarily since 2010.American's former parent, AMR Corp, and US Airways Group agreed to give up 52 pairs of takeoff and landing rights, or 104 slots, at Reagan National Airport as well as certain other assets under a settlement of an antitrust lawsuit by the U.S. Justice Department seeking to block their combination.The merger, completed in December, formed the world's largest airline.

Anglo American plc (Anglo American) is a mining company. Shares of AAL remained unchanged at $32.98. In the past year, the shares have traded as low as $12.70 and as high as $33.40. On average, 13790600 shares of AAL exchange hands on a given day and today's volume is recorded at 15446.

JetBlue Airways Corporation (JetBlue) is a passenger airline that operates primarily on point-to-point routes with its fleet of 120 Airbus A320 aircraft and 49 EMBRAER 190 aircraft. Shares of JBLU remained unchanged at $8.50. In the past year, the shares have traded as low as $5.70 and as high as $9.45. On average, 6306900 shares of JBLU exchange hands on a given day and today's volume is recorded at 20690.



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