JetBlue-Spirit Merger Nears Approval with Conditions
The monthlong antitrust trial on the JetBlue-Spirit merger wrapped up, leaving U.S. District Judge William Young indicating potential approval. While emphasizing the need for additional divestitures by JetBlue, the judge expressed reservations about potential fare hikes resulting from the elimination of Spirit’s low-cost offerings.
The trial, initiated by the Justice Department and several states, reflects the complexities of the post-COVID airline industry. As the judge’s decision looms, the fate of this $3.8 billion merger carries implications for competition in the U.S. airline market.
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