JetBlue-Spirit Airlines merger called off

JetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge, weeks after losing a federal antitrust lawsuit that challenged the deal. The CEOs of the two carriers cited regulatory hurdles in ending their merger agreement. A federal judge in January sided with the Justice Department and blocked JetBlue’s attempted takeover of budget … Read more

JetBlue-Spirit merger block in win for Biden’s Justice Department

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC A federal judge Tuesday blocked JetBlue Airways’ purchase of Spirit Airlines after the Justice Department sued to stop the merger, saying the deal would drive up fares for price-sensitive consumers by taking the discount carrier out of the … Read more