Skift
JetBlue-Spirit Merger Blocked
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:03:06
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Sinopsis
Episode Notes A U.S. District Court judge blocked the proposed $3.8 billion merger between JetBlue Airways and Spirit Airlines, the first time in 20 years Washington has rejected an airline merger, writes Airlines Reporter Meghna Maharishi. Maharishi reports the ruling represents a victory for the Biden administration, which has supported more competition in the airline industry. Four airlines control 80% of the U.S. market following a series of mergers the U.S. government has approved in the last two decades. Maharishi adds the judge’s decision is a major setback for JetBlue, which had been seeking ways to become more competitive against the giants of the U.S. airline industry. JetBlue would have fully absorbed Spirit’s operations if the merger had been approved. Next, flight disruptions are continuing to mount after a severe winter storm battered the Northeastern United States, writes Airlines Reporter Maharishi. There were close to 2,000 cancellations and 5,000 delays across the U.S. as of Tuesday after