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Spirit has struggled since a proposed merger with JetBlue was abandoned in March. Spirit Airlines has filed for Chapter 11 bankruptcy protection, it said Monday morning.
Spirit has struggled since a federal judge blocked a planned merger with JetBlue in March over antitrust concerns. The airline had planned to merge with Frontier, but JetBlue presented a higher offer.
A federal judge on Tuesday sided with the Biden administration and blocked JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition. The Justice ...
Spirit faced further difficulties when its planned merger with JetBlue was called off in March, two months after a federal judge blocked it. It expects to emerge from the process in the first ...
The prospect of a JetBlue-Spirit Airlines merger took a major hit in court on Tuesday when a federal judge sided with the Biden administration and blocked the $3.8 billion deal. The judge ruled ...
Spirit Airlines shares tanked 47% on Tuesday after a federal judge in Boston ruled against JetBlue’s proposed $3.8 billion acquisition of the discount airline.
JetBlue Airways and Spirit Airlines will have to wait until June before a federal court hears their appeal of a ruling that blocked JetBlue’s proposed $3.8 billion purchase of its smaller rival ...
JetBlue Airways and Spirit Airlines on Monday said they were terminating their merger agreement weeks after losing a federal antitrust lawsuit that challenged the deal.. A federal judge blocked ...