JetBlueSpirit

A JetBlue Airways plane sits on the tarmac at the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesJetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge, weeks after losing a federal antitrust lawsuit that challenged the deal.A federal judge in January blocked JetBlue's attempted takeover of budget carrier Spirit after the Justice Department sued to bar the deal last year. The Justice Department alleged the …

Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023.Tayfun Coskun | Anadolu Agency | Getty ImagesPresident Joe Biden's Justice Department has successfully had two airline link-ups halted in court in recent months. That doesn't necessarily spell doom for Alaska Air's plan to buy Hawaiian Airlines.U.S. District Court Judge William Young on Tuesday sided with the Justice Department and blocked JetBlue Airways'…

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York.Leslie Josephs | CNBCA federal judge Tuesday blocked JetBlue Airways' purchase of Spirit Airlines after the Justice Department sued to stop the merger, saying the deal would drive up fares for price-sensitive consumers by taking the discount carrier out of the market.JetBlue's proposed $3.8 billion purchase of discounter Spirit would have produced the country's fifth-largest airline, a deal the carriers had said would help them better…

Updated Jan. 16, 2024 5:13 pm ETA federal judge on Tuesday blocked JetBlue Airways’ $3.8 billion deal to buy Spirit Airlines, rejecting a merger that he said would hamper competition and lead to higher fares.The ruling thwarts what would have been the biggest U.S. airline merger in over a decade. It marks a victory for the U.S. Department of Justice, which sued last year to prevent JetBlue and Spirit from going ahead with their tie-up.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

JetBlue has said its merger with Spirit would increase competition among airlines and benefit air travelers . Photo: Joe Cavaretta/South Florida Sun Sentinel/TNS/Zuma Press…