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News JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns U.S. Attorney General Merrick Garland called the decision "yet another victory for the Justice Department ...
The CEO of Spirit Airlines on Wednesday defended in court the planned $3.8 billion acquisition of his company by JetBlue Airways as a means to create a viable competitor to the four larger ...
NEW YORK — Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge ...
To assuage antitrust concerns, JetBlue pledged to sell several airport gates and flying slots owned by Spirit to low-cost carriers Frontier Group Holdings Inc. and Allegiant Airlines.
Meet the latest victim of Biden Administration antitrust policy: Spirit Airlines. Spirit declared bankruptcy Monday after the Justice Department cut off a lifeline by blocking its merger with ...
JetBlue Airways agreed to transfer some Spirit Airlines gates and flight slots at three airports to help lessen antitrust concerns over its pending acquisition of the low-cost carrier. Spirit ...
When the Biden administration blocked the merger of Spirit Airlines and JetBlue, it led to Spirit's bankruptcy. It's emblematic of the president's disastrous economics.
JetBlue CEO Robin Hayes sat down with USA TODAY to respond to Tuesday's antitrust filing by the DOJ against the airline's proposed merger with Spirit.
Why Spirit rejected Frontier's offer, twice The competing Denver-based low-cost airline first offered to buy Spirit Airlines in 2022 but was outbid by a $3.8 billion JetBlue (JBLU) deal. A federal ...
Attorneys general from California, Maryland, New Jersey and North Carolina on Friday joined an antitrust lawsuit seeking to block JetBlue JBLU 1.66% Airways Corp.’s takeover of Spirit Airlines Inc.
Hayes and Spirit chief executive Ted Christie met with DOJ officials last month in a last ditch effort to try to assuage antitrust concerns over the merger, but they failed to win their approval.
UPDATE JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns U.S. Attorney General Merrick Garland called the decision "yet another victory for the Justice ...