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US Justice Department Sues To Block JetBlue’s $3.8B Spirit Airlines Deal

By Vandana Singh
Today, 10:44 PM
The Justice Department has reportedly sued to block JetBlue Airways Corporation (NASDAQ:JBLU) and Spirit Airlines Incorporated (NYSE:SAVE), the Biden administration’s latest attempt…

JBLU

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6 minute read
  • Legal
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JetBlue Says In Statement That It Will Pursue Purchase Of Spirit Despite Justice Dept Lawsuit

By Happy Mohamed
Today, 10:44 PM
JetBlue and Spirit confident that the proposed merger is procompetitive Settlement agreement with Florida resolves state's concerns and offers model on how government can ensure new jobs and additional flights

JBLU

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1 minute read
  • Government
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US Files Antitrust Lawsuit In Boston Against JetBlue, Spirit But Complaint Not Yet Available

By Benzinga Newsdesk
Today, 10:44 PM
-Reuters

JBLU

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  • General
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Florida Attorney General Agrees Not To Challenge JetBlue Plan To Buy Spirit In Exchange For Increasing Seat Capacity To Some Airports

By Michael Horton
Today, 10:44 PM
-Reuters

JBLU

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3 minute read
  • M&A
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JetBlue Releases Analysis Further Demonstrating Procompetitive Benefits Of Combination With Spirit

By Happy Mohamed
Today, 10:44 PM
Data Shows JetBlue Is Over Three Times More Effective at Lowering Legacy Fares Than Spirit; JetBlue and Spirit Have Little Overlap; Combination Will Increase Competition; ULCCs Will Continue to Grow, Including through

JBLU

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1 minute read
  • Legal
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JetBlue CEO Says JetBlue Airways, Spirit Airlines Brace For Justice Department Lawsuit Over Merger, Expects DoJ To Sue This Week To Block Airlines’ Planned Combination; Co’s Plan To Defend Deal In Court, Have Argued That Merging Will Increase Competiti…

By Happy Mohamed
Today, 10:44 PM
- Dow Jones Citing WSJ

JBLU

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1 minute read
  • Legal
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Watching Spirit Airlines And JetBlue Airways; Traders Circulating Report That Spirit-JetBlue Merger Facing DoJ Anti-Trust Suit As Soon As Tuesday, DoJ Said To See Deal As Anticompetitive

By Happy Mohamed
Today, 10:44 PM
https://twitter.com/Trade_The_News/status/1632797783588470784

JBLU

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1 minute read
  • Government
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‘Biden administration moving toward blocking JetBlue-Spirit merger’ -Politico

By Michael Horton
Today, 10:44 PM
https://www.politico.com/news/2023/02/10/blocked-jetblue-spirit-merger-00082327

JBLU

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1 minute read
  • News

U.S. Airlines Urge FAA To Extend 5g Compliance Deadlines To June 30, 2024; Airlines Warn Current FAA Deadline Could Disrupt Travel, Calling It ‘Ill-advised And Unnecessary’

By Benzinga Newsdesk
Today, 10:44 PM
-Filing

AAL

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1 minute read
  • News

International Civil Aviation Organization Forecasts ‘Complete And Sustainable’ Recovery And Growth Of Air Passenger Demand In 2023; Forecasts Air Passenger Demand In 2023 To Rapidly Recover To Pre-Pandemic Levels On Most Routes By Q1

By Happy Mohamed
Today, 10:44 PM
- Statement

AAL

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