The Biden administration’s fight against consolidation in the airline industry will be tested Tuesday with lawyers for JetBlue Airways and the Justice Department squaring off in court Tuesday.
But if JetBlue gets its way, it will grow its fleet about 70%, repaint Spirit's yellow planes and make them less cramped inside. “Consumers are better off with an independent Spirit, not a JetBlue intent on removing seats from planes and charging higher fares,” government lawyers argued in their pre-trial brief. They say the harm will fall hardest on cost-conscious consumers.
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Biden administration takes on JetBlue as its fight against industry consolidation goes to courtThe Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines. The trial over the government's antitrust lawsuit is scheduled to begin Tuesday in Boston. JetBlue is trying to buy Spirit for $3.
Источник: AP - 🏆 728. / 51 Прочитайте больше »
Biden administration takes on JetBlue as its fight against industry consolidation goes to courtThe Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines.
Источник: wjxt4 - 🏆 246. / 63 Прочитайте больше »
Biden administration takes on JetBlue as its fight against industry consolidation goes to courtThe Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines.
Источник: ksatnews - 🏆 442. / 53 Прочитайте больше »
Antitrust trial to determine fate of JetBlue-Spirit merger set to beginThe Justice Department is squaring off against JetBlue, which is seeking to buy Spirit Airlines in a deal worth $6.8 billion.
Источник: washingtonpost - 🏆 95. / 72 Прочитайте больше »
US seeks to block JetBlue, Spirit Airlines merger at trialThe U.S. Department of Justice heads to trial on Tuesday to urge a federal judge to block JetBlue Airways' (JBLU.O) planned $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »
US seeks to block JetBlue, Spirit Airlines merger at trialUS seeks to block JetBlue, Spirit Airlines merger at trial
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »