July 15, 2024
The U.S. Supreme Court's upending of a legal doctrine applying to federal agencies' regulatory powers, the dismantling of JetBlue's proposed acquisition of Spirit Airlines and the preservation of California's authority to set its vehicle emissions standards are among the biggest court decisions so far in 2024 affecting the transportation industry.
July 15, 2024
The private plaintiffs who challenged the failed JetBlue-Spirit merger asked a Massachusetts federal judge to award their counsel at least $20 million in fees, saying they "substantially contributed" to the U.S. Department of Justice successfully squashing the deal and are the prevailing party in their case.
March 04, 2024
JetBlue Airways said Monday that it has reached an agreement with Spirit Airlines to end their planned $3.8 billion merger, after the U.S. Department of Justice convinced a Massachusetts federal court to block the deal earlier this year.
February 26, 2024
JetBlue Airways and Spirit Airlines told the First Circuit on Monday that a $3.8 billion merger should not have been blocked because the judge who stopped the sale sought to protect a small, hypothetical subset of travelers to the detriment of the vast majority who stand to benefit from the deal.
February 02, 2024
JetBlue Airways and Spirit Airlines got their wish for a speedy appeal to a federal judge's decision blocking their plans for a $3.8 billion merger on Friday, with the First Circuit saying arguments would be heard in June.
February 01, 2024
The U.S. Department of Justice pushed back Wednesday on JetBlue and Spirit Airlines' bid for the expedited treatment of an appeal that seeks to preserve their $3.8 billion merger after it was blocked by a Massachusetts federal court, telling the First Circuit it has no obligation to meet the airlines' "self-imposed deadline."
January 26, 2024
JetBlue Airways Corp. said Friday that a federal judge's decision blocking itsĀ $3.8 billion merger with Spirit Airlines could lead to the deal being scrapped as a critical deadline looms, while Spirit responded that there's "no basis" to end their efforts.
January 19, 2024
JetBlue and Spirit Airlines said Friday that they will appeal a Massachusetts federal judge's decision blocking their proposed $3.8 billion merger, an effort to preserve a deal that antitrust enforcers claimed would illegally stifle competition in the low-cost carrier market.
January 17, 2024
A Massachusetts federal court decision blocking JetBlue and Spirit Airlines' proposed merger sends a chilling message to dealmakers contemplating airline combinations, joint ventures or code-share agreements, raising questions about what airline industry growth strategies wouldn't trigger antitrust enforcers' alarm bells, experts say.
January 16, 2024
A Massachusetts federal judge on Tuesday blocked a proposed $3.8 billion merger between JetBlue Airways Inc. and Spirit Airlines, finding in a lengthy order that the deal would stifle competition in the low-cost carrier market.