JetBlue and Spirit appeal judge’s ruling that blocks their proposed merger
Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023.
Eva Marie Uzcategui | Bloomberg | Getty Images
JetBlue Airways and Spirit Airlines on Friday appealed a federal judge’s ruling issued earlier this week that blocks the two carriers’ planned merger on antitrust grounds.
JetBlue had planned to buy Spirit for $3.8 billion in a deal struck in the summer of 2022. A federal judge on Tuesday, however, barred that combination, saying it would eliminate the budget carrier and mean higher prices for cost-conscious consumers.
This is breaking news. Please check back for updates.
Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023.
Eva Marie Uzcategui | Bloomberg | Getty Images
JetBlue Airways and Spirit Airlines on Friday appealed a federal judge’s ruling issued earlier this week that blocks the two carriers’ planned merger on antitrust grounds.
JetBlue had planned to buy Spirit for $3.8 billion in a deal struck in the summer of 2022. A federal judge on Tuesday, however, barred that combination, saying it would eliminate the budget carrier and mean higher prices for cost-conscious consumers.
This is breaking news. Please check back for updates.
Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.