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

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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.

 

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