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Spirit Airlines, the South Florida-based discount carrier, rejected a $3.3 billion takeover offer from JetBlue Airways, citing antitrust concerns.
News JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns U.S. Attorney General Merrick Garland called the decision "yet another victory for the Justice Department ...
The board of Spirit Airlines rejected a $3.6 billion takeover bid by rival JetBlue Airways, saying it would continue to pursue a merger with Frontier Airlines.
To assuage antitrust concerns, JetBlue pledged to sell several airport gates and flying slots owned by Spirit to low-cost carriers Frontier Group Holdings Inc. and Allegiant Airlines.
business Airlines. American Airlines alliance could derail merger between JetBlue and Spirit American Airlines’ ‘Northeast Alliance’ with JetBlue has already raised antitrust concerns.
JetBlue Airways agreed to transfer some Spirit Airlines gates and flight slots at three airports to help lessen antitrust concerns over its pending acquisition of the low-cost carrier. Spirit ...
In February, ultra-low-cost airline leaders Spirit Airlines and Frontier Group (ULCC 5.25%) agreed to merge to create the fifth-largest U.S. airline. However, JetBlue Airways (JBLU 2.66%) jumped ...
Spirit and Frontier were the bottom two airlines in the most recent passenger satisfaction survey conducted by JD Power.Its low-fare model also led to concerns that a sale to JetBlue would lead to ...
Spirit and Frontier were the bottom two airlines in the most recent passenger satisfaction survey conducted by JD Power.Its low-fare model also led to concerns that a sale to JetBlue would lead to ...
Spirit Airlines could end up in bankruptcy and be forced out of business because of a federal court decision to block a proposed purchase by JetBlue Airways. CNN values your feedback 1.
Spirit and Frontier were the bottom two airlines in the most recent passenger satisfaction survey conducted by JD Power.Its low-fare model also led to concerns that a sale to JetBlue would lead to ...
The two low-cost carriers announced the cancellation of their planned deal amid opposing concerns over airline price hikes and suppressing competition. United States United States ...