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 ...

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.

The two low-cost carriers announced the cancellation of their planned deal amid opposing concerns over airline price hikes and suppressing competition. United States United States ...

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 ...

Spirit and Frontier were the bottom two airlines in the most recent passenger satisfaction survey conducted by JD Power.Its low-fare model also led to concerns that a sale to JetBlue would lead to ...

Biden Antitrust and the Spirit Airlines Bankruptcy. The Justice Department blocked a merger with JetBlue, and the result will be less competition, higher fares, and laid-off workers. By .

Spirit Airlines urges DOT to block ... Budget carrier Spirit ... , JetBlue and Spirit scrapped a $3.8 billion merger agreement after a U.S. judge blocked the deal on anticompetition concerns ...

The CEO of Spirit Airlines on Wednesday defended in court the planned $3.8 billion acquisition of his company by ... Newark and Fort Lauderdale in hopes of easing antitrust regulators' concerns. ...

US airlines' plans for growth constrained by antitrust concerns. By Rajesh Kumar Singh. December 6, 2023 9:56 PM UTC ... , opens new tab proposed merger with Spirit Airlines , opens new tab. ...

DANIA BEACH, Fla., Nov. 18, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today issued the following open letter to all Spirit Guests: We are writing to let ...

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 ...