A federal judge on Tuesday sided with the Biden administration to block JetBlue Airways from buying Spirit Airlines ... substantially lessen competition in a relevant market." ...

Spirit Airlines Inc. late Tuesday lowered revenue estimates for its second quarter, saying it faced more competition, and as a mismatch between domestic capacity and demand continues to plague U.S ...

said in the ruling Tuesday that the government had proven "that the merger would substantially lessen competition in a relevant market." Shares of Spirit Airlines Inc. plunged more than 53% almost ...

Shares of Spirit Airlines plunged ... the U.S. air travel market. “We continue to believe that our combination is the best opportunity to increase much needed competition and choice by bringing ...

The Biden Administration is going to court to try to block the merger of JetBlue and Spirit ... airlines - American, Delta, Southwest and United, which currently control more than 80% of the ...

Several U.S. budget carriers are joining forces under a new alliance to advance policies that promote competition and improve market access. Formally established in early June, the Association of ...

(Wilfredo Lee / ASSOCIATED PRESS) JetBlue Airways can’t complete its $3.8 billion acquisition of Spirit Airlines after a federal judge in Boston found that the deal would stifle competition and ...

Budget carriers like Spirit have faced challenges. Competition has grown stiffer ... With an oversupply of seats in the domestic market, budget airlines cut fares to fill them.

their low ticket pricing inevitable forced other airlines to reduce ticket prices and invited competition into the market." Gielchinsky said that same market is now saturated, with Spirit having ...

DALLAS (AP) — A federal judge is siding with the Biden administration and blocking JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition. The Justice ...