Get access to our best features
Get Started
Subscribe
Israel-Hamas Conflict
Joe Biden
Kamala Harris
Donald Trump
US Politics
US Economy
Democratic Party
2024 US Election
Independence Day
Parade
White House
US Crime
US Social Issues
Get access to our best features
Get Started
Published 6 months ago

US judge blocks JetBlue from acquiring Spirit Airlines

  • A federal judge has sided with the Biden administration and blocked JetBlue Airways from purchasing Spirit Airlines, stating that the $3.8 billion deal would decrease competition.
  • The Justice Department sued to halt the merger, arguing that it would lead to higher fares by eliminating Spirit, the largest low-cost airline in the US.
  • JetBlue and Spirit have expressed disagreement with the ruling and are contemplating whether to appeal.
Insights by Ground AI
Does this summary seem wrong?

0 Articles

All
Left
Center
Right
The GuardianThe Guardian

US judge blocks JetBlue from $3.8bn Spirit Airlines takeover

Ruling marks victory for Biden government and its effort to preserve lower cost airline tickets for American consumersA federal judge has blocked JetBlue Airways’ $3.8bn takeover of the budget carrier Spirit Airlines, agreeing with the US Department of Justice that the deal would knock competition and limit the availability of low-priced tickets.William Young, a US district judge in Boston, concluded that passengers who rely on Spirit’s cheaper …

6 months ago·London, United Kingdom
Read Full Article
The IndependentThe Independent

The JetBlue-Spirit Airlines merger was blocked by a federal judge. Here's what you need to know

The prospect of a JetBlue-Spirit Airlines merger has taken a major hit in court

6 months ago·London, United Kingdom
Read Full Article
ReutersReuters

Headline Unavailable

6 months ago·United Kingdom
Read Full Article
Associated Press NewsAssociated Press News

JetBlue's $3.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competition

A federal judge has sided with the Biden administration and blocked JetBlue Airways from buying Spirit Airlines.

6 months ago·United States
Read Full Article
abc Newsabc News

The JetBlue-Spirit Airlines merger was blocked by a federal judge. Here's what you need to know

The prospect of a JetBlue-Spirit Airlines merger has taken a major hit in court

6 months ago·United States
Read Full Article
CNNCNN

Spirit Airlines shares plunge after judge blocks JetBlue merger

Spirit Airlines shares tanked 53% on Tuesday after a federal judge in Boston ruled against JetBlue’s acquisition of the company.

6 months ago·Atlanta, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 59% of the sources are Center
59% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Joe BidenJoe Biden
BusinessBusiness
JetBlueJetBlue
US EconomyUS Economy
Air TravelAir Travel
Department of JusticeDepartment of Justice
TravelTravel
Trending Topics
Ground News logo
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc.
News
For You
Search
BlindspotLocal