WSJ News Exclusive | JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ Merger

  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

JetBlue's CEO said he expects the Justice Department will try to block its planned takeover of Spirit in the coming days

JetBlue Airways Corp. is bracing for the Justice Department to try to blockof Spirit Airlines Inc. in the coming days, JetBlue’s chief executive said Monday.

Robin Hayes, CEO of New York-based JetBlue, said the U.S. government’s antitrust regulators have seemed intent on stopping the merger from the outset, while the airlines’ arguments that merging will increase, rather than undermine, competition among the nation’s biggest airlines and reduce overall airfares.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

AndrewTangel nice article. Has the breakup not been paid already?

Come on this is david stern blocking cp3 to the lakers all over again

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines