JetBlue, Spirit slam 'speculative' consumer lawsuit fighting $3.8 billion merger

  • 📰 Reuters
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

JetBlue and Spirit on Tuesday in U.S. court called a consumer lawsuit over the airlines' merger plan 'vague' and 'speculative' and said it should be rejected as the U.S. Justice Department pursues a case against the $3.8 billion deal.

The consumer plaintiffs' "generalized" claim that the merger will harm them as air travelers isn't enough to sustain a challenge against a specific merger, attorneys for JetBlue and Spirit said.

The two airlines also criticized the plaintiffs' legal team, saying despite years of fighting in court to block airline mergers "not once have they prevailed, but they have accepted monetary settlements." The plaintiffs' case "is fundamentally about money," lawyers for JetBlue and Spirit said. The DOJ, joined by Massachusetts and other state attorneys general, alleged in March that the deal was "presumptively illegal" and would "lead to higher fares and fewer seats, harming millions of consumers on hundreds of routes."In their latest filing in the private lawsuit, JetBlue and Spirit said the deal, announced in July 2022, would force larger carriers "to compete harder to win the business of American consumers.

But lawyers for the airlines said a legal expert for the plaintiffs "offers zero evidence" of alleged harms as travel agents.

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:

 /  🏆 2. in MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines