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Federal Pass judgement on Blocks JetBlue’s $3.8 Billion Acquisition of Spirit Airways

January 17, 2024



Up to date Jan. 16, 2024 5:13 pm ETA federal pass judgement on on Tuesday blocked JetBlue Airlines’ $3.8 billion deal to shop for Spirit Airways, rejecting a merger that he stated would impede pageant and result in upper fares.The ruling thwarts what would were the most important U.S. airline merger in over a decade. It marks a victory for the U.S. Division of Justice, which sued final yr to stop JetBlue and Spirit from going forward with their tie-up.Copyright ©2024 Dow Jones & Corporate, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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