DOJ sues to block JetBlue and Spirit Airlines merger

FOX 5 New York's Linda Schmidt spoke with Transportation Secretary Pete Buttigieg about the justice department's recent lawsuit and actually encouraged it, saying the department too is fighting to block the merger.

"By acquiring Spirit, JetBlue will eliminate the largest ultra low-cost carrier in the United States," said U.S. Attorney General Merrick Garland. "The merger of JetBlue and Spirit would result in higher fares and fewer choices for tens of millions of travelers across the country." by creating a stronger airline that could better compete with American, Delta, United and Southwest, but the DOJ said the merger is all about eliminating Spirit's low-cost fares.

"Over the years, there's been more and more consolidation, merger after merger of fewer and fewer airlines to choose from and I think that puts passengers at a disadvantage," Buttigieg said. FILE - A Spirit Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada.

Maybe not cause they will cut expenses. Layoffs and cut redundancy.

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WSJ News Exclusive | JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ MergerJetBlue's CEO said he expects the Justice Department will try to block its planned takeover of Spirit in the coming days Come on this is david stern blocking cp3 to the lakers all over again AndrewTangel nice article. Has the breakup not been paid already?
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