Spirit Airlines own words used against them in bid to block JetBlue merger

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 52%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The Biden administration has fought back against consolidation. The DOJ filed a lawsuit against JetBlue on Tuesday.

A JetBlue Airlines plane takes off near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport on May 16, 2022, in Fort Lauderdale, Florida. Over the summer, JetBlue announced a $3.8 billion merger to acquire Spirit Airlines. The U.S. Department of Justice sued JetBlue to block the merger on Tuesday.

."Spirit itself put it simply: 'A JetBlue acquisition of Spirit will have lasting negative impacts on consumers.'"and said the merger will bring"JetBlue's low fares and much-loved, award-winning onboard service to more customers and communities."by Statista shared collective data that showed JetBlue's average fares were nearly double those of Spirit Airlines.

In 2021, the most recent data available on Statista, JetBlue's average airline ticket was a little more than $186. In 2020, JetBlue's average airline ticket exceeded $190. According to a Statista of low-cost airlines in the United States, Spirit had an average domestic ticket price of $98, almost half of JetBlue's average.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 468. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

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?
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »

Justice Department sues to block JetBlue’s acquisition of Spirit AirlinesJetBlue's takeover of Spirit would create the fifth-largest airline in the country and also eliminate Spirit. why block it. One bad airline purchasing another bad one. Maybe they can create a mediocre one. LOL!
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Justice Department files suit to block JetBlue merger with Spirit AirlinesBREAKING: Justice Department files lawsuit to stop the proposed merger between JetBlue and Spirit Airlines. More Biden government nonsense. this seems like government overreach, they would only have like 8% of the total market, there's no need for this waste of tax payers money Why is this being blocked?
Sumber: ABC - 🏆 471. / 51 Baca lebih lajut »