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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 ...
The company had been exploring a merger with another low-cost airline, Frontier Airlines, in hopes of restructuring its debt and other liabilities without a bankruptcy filing. In March, JetBlue ...
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.
Spirit Airlines' $3.8 billion sale to JetBlue isn't dead yet. The carriers said Friday that they will appeal a ruling by a federal judge earlier this week that blocked the deal on antitrust grounds.
JetBlue and Spirit Airlines are ending their proposed $3.8 billion combination after a court ruling blocked their merger.. JetBlue said Monday that even though both companies still believe in the ...
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 ...
JetBlue Airways and Spirit Airlines are ending their proposed $3.8 billion merger weeks after a federal judge blocked the deal, saying it would hurt consumers who depend on Spirit's lower fares.
Earlier this year, a $3.8 billion merger attempt with JetBlue Airways fell through. In October, Spirit told Reuters it would furlough about 330 pilots on Jan. 31, 2025, as part of its efforts to ...