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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.
JetBlue faces a deadline in July to close the merger. Should the deal not close by then, the two sides could either agree to terminate the merger or extend the closing date.
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 ...
Airports can generate water pollution due to their extensive handling of jet fuel and deicing chemicals if not contained, contaminating nearby water bodies. Aviation activities emit ozone and ultrafine particles, both of which are health hazards. Piston engines used in general aviation burn Avgas, releasing toxic lead.
JetBlue Travel Products is a subsidiary of JetBlue Airways, established in 2018 [162] with the primary objective of expanding the airline's offerings beyond air travel. Recognizing the growing demand for comprehensive travel services, JetBlue created this wholly owned subsidiary to specialize in non-air products and enhance the overall travel ...
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. The two-page appeal ...
Airline deregulation. Airline deregulation is the process of removing government-imposed entry and price restrictions on airlines affecting, in particular, the carriers permitted to serve specific routes. In the United States, the term usually applies to the Airline Deregulation Act of 1978.
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 ...