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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 ...
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 ...
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 ...
The US Justice Department and Department of Transportation are expected to take action as soon as Tuesday to block JetBlue Airways Corp.’s $3.8 billion takeover of Spirit Airlines Inc ...
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.
United declined to comment. In March 2024, JetBlue and Spirit scrapped a $3.8 billion merger agreement after a U.S. judge blocked the deal on anticompetition concerns.
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.
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.
Spirit Airlines on Tuesday rejected Frontier Group’s acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than ...
Spirit Airlines Issues Open Letter to All Spirit Guests PR Newswire DANIA BEACH, Fla., Nov. 18, 2024 DANIA BEACH, Fla., Nov. 18, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the ...
Spirit Airlines has been in the middle of a brand overhaul in recent months and years as it looks to shed its budget airline reputation and compete with some of the other major airlines throughout ...