Search results
Results from the WOW.Com Content Network
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.
Shares of JetBlue Airways Corp. rose more than 5% before the market opened, while Spirit's stock slipped more than 13%. This article originally appeared on USA TODAY: JetBlue, Spirit Airlines end ...
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 ...
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 ...
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 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.
Shares of Spirit, which have lost most than half their value since the original court decision blocking the deal on Monday, jumped 10% in after-hours trading on news of the appeal. Meanwhile ...
In addition to the $3.8 billion merger between JetBlue and Spirit being blocked by a U.S. District Court judge in January, the airline also faced an engine recall in 2023, per NBC News.