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Judge blocks Spirit-JetBlue merger, saying it would reduce competition and raise fares

Judge blocks Spirit-JetBlue merger, saying it would reduce competition and raise fares
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United statesNew yorkLove fieldWilliamg youngMary schlangensteinRichard cloughLeah nylenAmerican airlines group incFrontier group holdings incUnited airlines holdings incIts northeast allianceJetblue airwaysFirst us circuit courtSpirit airlinesAllegiant airlinesAirlines co

JetBlue-Spirit Deal Blocked by Judge on Antitrust Grounds (2)

A federal judge blocked JetBlue Airways Corp.’s $3.8 billion acquisition of Spirit Airlines Inc., saying the combination would stifle competition and raise fares for consumers.

United statesNew yorkSara fordenRobin hayesLeah nylenJoanna geraghtyRichard cloughSteve strothWilliamg youngMary schlangensteinDefendant airlinesAllegiant airlinesJetblue airways corpUnited airlines holdings incIts northeast allianceAirlines co

Spirit Shares Plunge After JetBlue Deal Blocked on Antitrust Grounds

Spirit Shares Plunge After JetBlue Deal Blocked on Antitrust Grounds
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New yorkUnited statesMary schlangensteinLeah nylenRichard cloughWilliamg youngFrontier group holdings incAllegiant airlinesUs district courtAirlines coIts northeast allianceSpirit airlines incBloomberg jetblue airways corpUnited airlines holdings incFirst us circuit courtAmerican airlines group inc

JetBlue-Spirit Deal Blocked on Antitrust Grounds

JetBlue-Spirit Deal Blocked on Antitrust Grounds
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New yorkUnited statesWilliamg youngAmerican airlines group incSpirit airlines incFirst us circuit courtFrontier group holdings incAllegiant airlinesUnited airlines holdings incJetblue airways corpAirlines coDelta air lines incIts northeast allianceJetblue airwaysSpirit airlinesJudge william

JetBlue s $3 8 billion acquisition of Spirit Airlines blocked by judge in antitrust trial

The judge said the deal "would likely incentivize JetBlue further to abandon its roots as a maverick, low-cost carrier.”

United statesNew yorkJoanna geraghtyWilliamg youngRobin hayesDelta air lines incAlaska air group incFrontier group holdings incDefendant airlinesAllegiant airlinesUnited airlines holdings incIts northeast allianceAirlines coAmerican airlines group incHawaiian holdings incFirst us circuit court