JetBlue blocked from acquiring Spirit Airlines in $3.8B deal
A federal judge on Tuesday blocked JetBlue Airways' $3.8 billion plan to buy ultra-low-cost carrier Spirit Airlines based on an agreement with the Justice Department that the deal would reduce the availability of cheap flights. of ruling The ruling by U.S. District Judge William Young in Boston marks a victory for the Biden administration in […]
Federal judge blocks $3.8B merger of Spirit, JetBlue
A federal judge on Tuesday blocked JetBlue Airways' proposed $3.8 billion takeover of Spirit Airlines, saying it would reduce competition and harm consumers. U.S. District Judge William Young said in a court filing Tuesday that the acquisition, which would make JetBlue the fifth-largest airline, “complies with the Clayton Act, which is designed to prevent anticompetitive […]
Federal court blocks proposed merger between JetBlue Airways and Spirit Airlines
See what's being clicked on FoxBusiness.com A federal judge on Tuesday blocked JetBlue Airways' proposed $3.8 billion takeover of low-cost carrier Spirit Airlines, agreeing with the Justice Department's opinion that the deal would harm the availability of low-cost flights. U.S. District Judge William Young said the proposed merger “violates the core principle of antitrust law: […]
Boeing, Spirit Aerosystems shares tank after 737 Max 9 incident
TikTok user @strawberr.vy captured a video of a large portion of an Alaska Airlines Boeing 737 Max plane taking off and then descending. (@strawberr.vy/TikTok) Shares of Boeing and parts supplier Spirit AeroSystems fell sharply on Monday after federal aviation regulators grounded their planes. Boeing 737 MAX9 The jet will undergo further inspection after the passenger […]
Voter Should Be ‘Disgusted’ by Trump’s Victim Claims — ‘So Contrary to the American Spirit’
CNN commentator Adam Kinzinger said Monday on CNN's “The Situation Room” that voters should be “tired” of former President Donald Trump claiming he is a victim. . “I think it's all Mr. Trump's fault right now,” Kinzinger said. “The only thing that can change that is, like I said, these trials. Jack Smith has a […]