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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 ...
The travelers bringing the suit also said that the merger could result in some people choosing not to fly at all, because JetBlue’s own internal estimates show that the ultra low-cost carrier ...
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 ...
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.
After a federal judge blocked the deal, ruling it would hurt competition, JetBlue said both airlines still believe in the merger's benefits but are terminating the deal.
JetBlue and Spirit together would control a little over 9% of the domestic air-travel market, far smaller than American, Delta, United and Southwest. JetBlue executives repeatedly said their deal ...
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 said it will pay Spirit $69 million to finalize outstanding matters related to the transaction. Spirit Airlines said it will look to restructure its debt following the failed merger in ...