DoJ sues to block JetBlue, Spirit Airlines merger
The US Justice Department filed a lawsuit to stop JetBlue Airways from buying Spirit Airlines, saying that the planned merger "would put travel out of reach for many cost-conscious travelers". JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its $3.8b merger offer in late July last year but the acquisition had been expected to face a tough antitrust review from the beginning. Story lists the key events of the takeover saga.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2024-03-12/unaligned/doj-sues-to-block-jetblue-spirit-airlines-merger
https://portal.staralliance.com/cms/logo.png
DoJ sues to block JetBlue, Spirit Airlines merger
The US Justice Department filed a lawsuit to stop JetBlue Airways from buying Spirit Airlines, saying that the planned merger "would put travel out of reach for many cost-conscious travelers". JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its $3.8b merger offer in late July last year but the acquisition had been expected to face a tough antitrust review from the beginning. Story lists the key events of the takeover saga.<br/>
