Posted inTimes Record Opinion

The Conversation: JetBlue merger with Spirit not cleared for takeoff – why Justice Department is suing to scupper deal

THE CONVERSATION — The U.S. Department of Justice has intervened to block a proposed deal that would see carrier JetBlue buy budget service Spirit Airlines. In a lawsuit filed on March 7, 2023, the department warned that allowing the US$3.8 billion deal to go through would “eliminate the unique competition” that Spirit, the lower cost airline, […]

advertisement