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JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ Merger

JetBlue Airways Corp. and Spirit Airlines Inc. have agreed to combine in a $3.8 billion deal to create the fifth-largest airline in the US. The Justice Department is expected to try to block the merger.

1 min read
  • JetBlue Airways Corp. and Spirit Airlines Inc. agreed to combine in a $3.8 billion deal to create the fifth-largest airline in the US.
  • Justice Department is expected to try to block the merger as they argue it will reduce overall airfares.
  • JetBlue targets a higher-end flying experience, while Spirit charges bargain fares and layers on fees for extras.
  • JetBlue and Spirit argue the merger will increase competition among the nation’s biggest airlines and reduce overall airfares.
  • JetBlue has offered to divest Spirit’s holdings in Boston and New York, as well as five airport gates at Fort Lauderdale.
JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ Merger
Airlines’ CEOs say combining their operations will ultimately benefit consumers
WSJAndrew Tangel

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