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DALLAS — A federal judge is siding with the Biden administration and blocking JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition.
The appeal came after U.S. District Judge William Young in Boston on Tuesday sided with the U.S. Department of Justice in holding that JetBlue's planned $3.8 billion acquisition of ultra-low-cost ...
Spirit Airlines, Inc., stylized as spirit, is a major American ultra-low cost airline headquartered in Dania Beach, Florida, in the Miami metropolitan area. Spirit operates scheduled flights throughout the United States, the Caribbean, and Latin America. Spirit was the seventh largest passenger carrier in North America as of 2023, as well as ...
JetBlue Airways and Spirit Airlines filed an appeal late Friday of the federal court ruling from earlier this week that had blocked their proposed merger on antitrust grounds.
Under the merger agreement, JetBlue must pay $33 for each share of Spirit stock. Spirit's stock price was $6.30 at the start of business Monday, Feb. 5. JetBlue filed a statement with regulators ...
List of JetBlue destinations. This is a list of destinations served or previously served by JetBlue as of October 2023 [update]. [ 1 ] The American low-cost airline operates a fleet of Airbus and Embraer aircraft throughout the United States, northern and central Latin America, the Caribbean, as well as Europe, with most of its operations ...
On April 7, 2010, The New York Times reported that US Airways was "deep in merger discussions" with United Airlines. The report stated that a deal would not be reached for several weeks, but indicated that a deal was close. [73] Several weeks later, however, on April 22, 2010, the airline ended discussions with United regarding the merger. [74]