March 07, 2023
The aggressiveness of the Biden administration's two-pronged assault against JetBlue's proposed merger with Spirit Airlines may threaten the viability of future airline acquisitions, as well as joint ventures and code-share agreements for marketing the same flights under different airline banners, by adding new regulatory burdens on would-be suitors and targets.
March 07, 2023
The U.S. Department of Justice moved Tuesday to block JetBlue's $3.8 billion planned purchase of Spirit Airlines in a federal court attack against a deal they say will drive up airfare costs.