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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's troubles deepened after the collapse of its $3.8 billion planned merger with JetBlue Airways in January and the impact of RTX's, Pratt & Whitney Geared Turbofan engines snag that grounded ...
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 ...
The company has had a tumultuous few years, with an engine recall in 2023 and a U.S. District Court judge blocking a proposed $3.8 billion merger with JetBlue in January. Spirit said last month it ...
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 ...
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 ...
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 ...
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 ...