US Justice Department sues to block JetBlue's purchase of Spirit Airlines | CNN Business

The US Justice Department is suing to stop JetBlue’s proposed $3.8 billion deal to buy discount carrier Spirit Airlines, the first time in more than 20 years that the government has sought to block a US airline merger. The lawsuit is not a surprise. The Biden administration has argued since taking office there needs to be greater competition between businesses, especially in the airline industry, to lower costs for consumers.

But over the last 22 years, the Justice Department has allowed a series of five airline mergers without a suit like the one announced Tuesday. Those deals turned nine major US carriers into four - American Airlines, United, Delta and Southwest. Between them, the airlines control about 80% of the nation’s air traffic. JetBlue has vowed to press ahead with its merger efforts and hopes to defeat the lawsuit in time to still close its deal with Spirit by the end of the year.

Yes! We must insure access to dehumanizing, unreliable transportation for the poors!

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DEPORTED back to South Africa after six years in Scotland. Grand parents From BRITAIN. Home office Croydon London to blame. Don't drink alcohol, don't take drugs. TRADE'S MAN. Uneployment 14 million people in South Africa. Now homeless in South Africa. Church can't help.🇬🇧🌹🇿🇦

The problems that exist in movies like Roma, by Alfonso Cuarón, cannot be solved by changing a government or culturizing the people. And also, no group has the ability to solve these problems. But ThePromisedSaviour can save all the people of the world from all problems

They should block it it’s creating a monopoly and giving fewer decent choices for the American travelers Savelegeacycarriers

inecnigeria you guys are gradually destroying our country by your selfish interests,those guys you are favoring now won’t be around in the next 30 years to see the damage cursed by you all but the next generations and your children might be the victims of your evil deeds.

Really, now they care. They should have blocked the mergers of Delta and Northwest, American and US airways, and United and Contentental.

Y do government keep blocking merger’s

They should cap flights at $10.

But why? Who cares if it’s a monopoly - better to have one bad airline than two! Actually they’re all looking bad these days….travel is just not fun anymore

No merge ! There is little enough competition already !

We have to all pray for the coming of the promised Savior, whose coming means the end of war, famine, disease, and the filling of the world with peace and tranquility. ThePromisedSaviour

Little Pete is useless

❤️❤️Kate❤️❤️ the biscuits are in the oven waiting…

If they're both providing the same bad service then one of them is unnecessary.

What a dork!!!!

Liars! All of you

One shitbox airline buying another shitbox airline… Refuse to fly on either.

We seem to have more than a few airlines serving us and every couple of years a new one sprouts up…. Competition?

I had explosive diarrhea on a Spirit airlines flight and the entire cabin filled with the stench of rancid dung.

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Given no one with half an ounce of intelligence flies SpiritAirlines more than once this would seem a sensible thing to allow.

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Our DOJ is politicized.

I mean, if jetblue wants to get worse, i really dont see the problem.

Nooooooooooo.... please let them buy it. Spirit is an AWEFUL airline. lol

Accurate

Shit can't own poop, dudes

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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?
Source: WSJ - 🏆 98. / 63 Read more »

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!
Source: CNBC - 🏆 12. / 72 Read more »

Justice Department Sues to Block JetBlue-Spirit MergerBreaking: The Justice Department filed a lawsuit seeking to block JetBlue Airways from merging with Spirit Airlines, arguing the deal would stifle competition and lead to higher fares The Justice Department worrying about things that might happen over things that have happened isn’t justice. See exhibit A; the lack of justice over Jeffery Epstein and his clients? 🦗 🦗 🦗 When trying to determine whether the deal is good or bad for the consumer, ask yourself this… Do the big four (UA, AA, DL, WN) want the merger to succeed or to be blocked? I get wanting competition in the airline business, but spirit is such a shitty airline it’s probably better for them to attach themselves to JetBlue.
Source: WSJ - 🏆 98. / 63 Read more »

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?
Source: ABC - 🏆 471. / 51 Read more »