Posted on May 20, 2023
American Airlines and JetBlue must end partnership in the northeast U.S., judge rules
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Posted 11 mo ago
Responses: 2
PO1 William "Chip" Nagel
..."Hanging over the trial was JetBlue's proposed $3.8 billion purchase of Spirit Airlines, the nation's largest discount carrier. In March, while Sorokin was mulling his decision, the Justice Department sued to block that deal too, arguing that it would reduce competition and be especially harmful to consumers who depend on Spirit to save money.
JetBlue has countered that acquiring Spirit will make it a bigger, stronger low-cost competitor to Delta, United, Southwest — and American — which together control about 80% of the domestic U.S. air-travel market.
The government's lawsuit against the JetBlue-Spirit deal is pending before a different judge in the same Boston courthouse."
..."Hanging over the trial was JetBlue's proposed $3.8 billion purchase of Spirit Airlines, the nation's largest discount carrier. In March, while Sorokin was mulling his decision, the Justice Department sued to block that deal too, arguing that it would reduce competition and be especially harmful to consumers who depend on Spirit to save money.
JetBlue has countered that acquiring Spirit will make it a bigger, stronger low-cost competitor to Delta, United, Southwest — and American — which together control about 80% of the domestic U.S. air-travel market.
The government's lawsuit against the JetBlue-Spirit deal is pending before a different judge in the same Boston courthouse."
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