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 ...

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.

JetBlue's immediate next step, however, is to address some concerns it has with the DOJ's filing. "We now will get a chance to respond to the complaint, which is what we will do," Hayes said.

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 urges DOT to block ... Budget carrier Spirit ... , JetBlue and Spirit scrapped a $3.8 billion merger agreement after a U.S. judge blocked the deal on anticompetition 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 ...

The U.S. Department of Justice (DOJ) raised significant antitrust concerns about the merger. Spirit Airlines is known for its ultra-low-cost model, which serves a large portion of budget-conscious ...

Meet the latest victim of Biden Administration antitrust policy: Spirit Airlines. Spirit declared bankruptcy Monday after the Justice Department cut off a lifeline by blocking its merger with ...

When the Biden administration blocked the merger of Spirit Airlines and JetBlue, it led to Spirit's bankruptcy. It's emblematic of the president's disastrous economics.

Biden Antitrust and the Spirit Airlines Bankruptcy. The Justice Department blocked a merger with JetBlue, and the result will be less competition, higher fares, and laid-off workers. By .

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 ...