![]() ![]() Separately, the Department of Transportation said in a press release it “fully supports” the Justice Department’s action and was taking its own steps to block the deal.ĭOT said it would deny the airlines’ request for an exemption allowing them to operate as a single carrier while awaiting final approval of the deal. “The merger of JetBlue and Spirit would result in higher fares and fewer choices for tens of millions of travelers, with the greatest impact felt by those who rely on what are known as ultra-low-cost carriers in order to fly,” Attorney General Merrick Garland told reporters in Washington. New York, Massachusetts and Washington, DC, joined in the antitrust suit. Bloomberg had previously reported the move was likely to come as soon as Tuesday. In a complaint filed in federal court in Boston, the Justice Department said the combination would lead to higher prices for consumers by eliminating Spirit as a deep fare discounter. Xi’s Frustration at Biden Grows With Warning of Conflict Powell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededĬitadel’s Griffin Sees Setup for US Recession After ‘Traumatic’ Inflation Meta Plans Thousands More Layoffs as Soon as This Weekīiden Eyes Tax Hike on Income Over $400,000 to Fund Medicare Tuesday, filing an antitrust lawsuit and withholding certification required for the carriers to combine operations. ![]() (Bloomberg) - The US launched a two-part effort to block JetBlue Airways Corp.’s $3.8 billion acquisition of Spirit Airlines Inc. ![]()
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