US judge blocks JetBlue-Spirit airline merger
JetBlue(JBLU) TechXplore·2024-01-17 04:53
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A US judge has blocked JetBlue's acquisition of Spirit Airlines. A US federal judge on Tuesday ruled against JetBlue's $3.8 billion takeover of low-cost carrier Spirit Airlines, saying that the deal would reduce competition. The decision comes after the US Justice Department last year sued to block the merger, noting the combi ...