{"id":40522,"date":"2023-04-13T05:49:48","date_gmt":"2023-04-13T05:49:48","guid":{"rendered":"https:\/\/thedailyherald.co.uk\/uncategorized\/jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week\/"},"modified":"2023-04-13T05:49:48","modified_gmt":"2023-04-13T05:49:48","slug":"jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week","status":"publish","type":"post","link":"https:\/\/thedailyherald.co.uk\/business-markets\/jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week\/","title":{"rendered":"JetBlue CEO Says Feds Will Sue Airline Over Its $3.8 Billion Merger With Spirit This Week"},"content":{"rendered":"

Topline Federal prosecutors filed an antitrust lawsuit against JetBlue to prevent its blockbuster $3.8 billion merger with Spirit Airlines on Tuesday, preventing what would be the country\u2019s fifth-largest airline as Spirit\u2019s messy saga to find a strategic partner drags on. The Biden Administration appears set to block a marriage between JetBlue and Spirit.Getty Images Key Facts \u201cJetBlue\u2019s plan would eliminate the unique competition that Spirit provides\u2014and about half of all ultra-low-cost airline seats in the industry\u2014and leave tens of millions of travelers to face higher fares and fewer options,\u201d U.S. prosecutors wrote in the complaint filed in Massachusetts federal court. Bloomberg reported Monday the Justice Department could sue to block the transaction as soon Tuesday, citing sources familiar with the legal proceedings, and JetBlue CEO Robin Hayes confirmed to the Wall Street Journal his company expected the suit. JetBlue\u2019s plan for Spirit would bring \u201chigher prices for those who can still afford to make their way onto the plane,\u201d the suit alleges. In a separate statement Tuesday, the Transportation Department said it will reject an exemption application for the airlines to jointly ope… Click below to read the full story from Forbes
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Topline Federal prosecutors filed an antitrust lawsuit against JetBlue to prevent its blockbuster $3.8 billion merger with Spirit Airlines on Tuesday, preventing what would be the country\u2019s fifth-largest airline as Spirit\u2019s messy saga to find a strategic partner drags on. The Biden Administration appears set to block a marriage between JetBlue and Spirit.Getty Images Key…<\/p>\n","protected":false},"author":2646,"featured_media":40523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[33],"tags":[],"yoast_head":"\nJetBlue CEO Says Feds Will Sue Airline Over Its $3.8 Billion Merger With Spirit This Week - The Daily Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailyherald.co.uk\/uncategorized\/jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JetBlue CEO Says Feds Will Sue Airline Over Its $3.8 Billion Merger With Spirit This Week - The Daily Herald\" \/>\n<meta property=\"og:description\" content=\"Topline Federal prosecutors filed an antitrust lawsuit against JetBlue to prevent its blockbuster $3.8 billion merger with Spirit Airlines on Tuesday, preventing what would be the country\u2019s fifth-largest airline as Spirit\u2019s messy saga to find a strategic partner drags on. The Biden Administration appears set to block a marriage between JetBlue and Spirit.Getty Images Key…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thedailyherald.co.uk\/uncategorized\/jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week\/\" \/>\n<meta property=\"og:site_name\" content=\"The Daily Herald\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-13T05:49:48+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\">\n\t<meta name=\"twitter:data1\" content=\"Derek Saul\">\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data2\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thedailyherald.co.uk\/#website\",\"url\":\"https:\/\/thedailyherald.co.uk\/\",\"name\":\"The Daily Herald\",\"description\":\"Your Super Aggregated News, Blog & Magazine\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/thedailyherald.co.uk\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/thedailyherald.co.uk\/wp-content\/uploads\/2023\/04\/40522-jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week.jpg\",\"width\":1200,\"height\":674,\"caption\":\"JetBlue CEO Says Feds Will Sue Airline Over Its $3.8 Billion Merger With Spirit This Week\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week\/#webpage\",\"url\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week\/\",\"name\":\"JetBlue CEO Says Feds Will Sue Airline Over Its $3.8 Billion Merger With Spirit This Week - The Daily Herald\",\"isPartOf\":{\"@id\":\"https:\/\/thedailyherald.co.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week\/#primaryimage\"},\"datePublished\":\"2023-04-13T05:49:48+00:00\",\"dateModified\":\"2023-04-13T05:49:48+00:00\",\"author\":{\"@id\":\"https:\/\/thedailyherald.co.uk\/#\/schema\/person\/8fca3e7a69a8407b02199d850ce0f84a\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thedailyherald.co.uk\/uncategorized\/jetblue-ceo-says-feds-will-sue-airline-over-its-3-8-billion-merger-with-spirit-this-week\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thedailyherald.co.uk\/#\/schema\/person\/8fca3e7a69a8407b02199d850ce0f84a\",\"name\":\"Derek Saul\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/thedailyherald.co.uk\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/93e5183d78073d2e8501f570f1fde45a?s=96&d=mm&r=g\",\"caption\":\"Derek Saul\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","amp_validity":null,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/posts\/40522"}],"collection":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/users\/2646"}],"replies":[{"embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/comments?post=40522"}],"version-history":[{"count":0,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/posts\/40522\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/media\/40523"}],"wp:attachment":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/media?parent=40522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/categories?post=40522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/tags?post=40522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}