DOJ set to block JetBlue-Spirt airline merger
The U.S. Department of Justice is expected to block the proposed JetBlue – Spirit airline merger this week.
JetBlue’s $3.8 billion acquisition of Spirit Airlines would make it the fifth largest airline in the US.
JetBlue CEO Robin Hayes said he expects the DOJ to make its move this week to block the deal with a lawsuit.
Hayes claims antitrust officials ‘came to the table with their minds made up.’
JetBlue plans to challenge the legal action.
JetBlue says the airline merger will boost competition.
It says the overlap between JetBlue and Spirit routes is only about 11% of the combined networks.
A combined JetBlue-Spirit business would have about 9% of the US market.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Elaine CareyMar 07, 2023 04:53 PM
I'm sure AA is involved with this merger since Jet Blue is now part of AA! Don't want it to boost up higher than the 5th spot!
Log in to ReplyHave your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Airlines suspend Madagascar services following unrest and army revolt
Qatar Airways offers flexible payment options for European travellers
TAP Air Portugal to operate 29 flights due to strike on December 11
Air Mauritius reduces frequencies to Europe and Asia for the holiday season
Airbnb eyes a loyalty program but details remain under wraps