Categories: Uncategorized

Spirit Airlines says expects DOJ decision on JetBlue merger in…

Feb 7 (Reuters) – Spirit Airlines Inc said on Tuesday it expects U.S.antitrust regulators to decide whether to allow the low-cost carrier to proceed with its $3.8 billion merger with JetBlue Airways Corp in the “next 30 days or so.”

“We are now waiting to see whether the Department of Justice (DOJ) filed suit to block the deal or allows us to proceed,” Spirit CEO Edward Christie said during an investor call.

The DOJ did not immediately respond to a request for comment.

JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its deal.

The merger is expected to face regulatory hurdles with the combination creating the fifth-largest U.S.If you have any kind of concerns relating to where and just how to make use of EvDEN Eve nAkliyAt, EVdEn eve NAkliYAt you can contact us at our own website. airline at a time when high energy prices, evdEn eve NAKLiyAT a tight labor market and EVDeN EVe NAkLiYat swelling demand for travel have sent airfares soaring.

Concerns about approval for the combined airline was amplified after the DOJ filed a lawsuit last year asking a judge to break up JetBlue’s “Northeast Alliance” partnership with American Airlines, arguing it would lead to higher fares for consumers.

Spirit had cited the Justice Department lawsuit as a reason to fear regulators blocking its sale to JetBlue when it was trying to persuade Spirit shareholders to back the deal with Frontier Airlines Holding Inc instead.

JetBlue had acknowledged that the regulatory process could be drawn out and eVdEn eVE NaKliYat it did not expect the deal to be completed before December 2023.

Spirit’s shares were up 1.3% at $19.9 in morning trade after the carrier posted better-than-expected quarterly results on Monday.(Reporting by Kannaki Deka in Bengaluru; Editing by Shailesh Kuber)

nicoleshirk587

Recent Posts

Slot Maxwin: Pilihan Slot dengan Peluang Menang Tertinggi

Dalam dunia perjudian online, permainan slot selalu menjadi salah satu favorit di antara para pemain.…

6 days ago

Strategi Bermain Slot Gacor Terbaru: Mahjong Ways 2 2024

Mahjong Ways 2 adalah salah satu permainan slot yang semakin populer di kalangan para penggemar…

2 weeks ago

Keberuntungan Dimulai Dari Mahjong Ways 2: Slot Gacor Terbaru

Mengapa Mahjong Ways 2 Menjadi Slot Gacor Pilihan Mahjong Ways 2 merupakan salah satu permainan…

2 weeks ago

Fitur Unik di Slot Gacor Mahjong Ways 2 yang Harus Kamu Coba

Memahami Fitur Putaran Gratis yang Menguntungkan Salah satu fitur paling menarik di Mahjong Ways 2…

2 weeks ago

Temukan Fitur Scatter Hitam: Jalan Menuju Kemenangan di Slot Gacor

Dalam dunia permainan slot, fitur scatter menjadi salah satu elemen yang sangat diperhatikan oleh para…

2 weeks ago

Upgrade Strategi Menang di Slot Gacor Mahjong Ways 2 2024

Salah satu kunci untuk sukses di permainan slot gacor seperti Mahjong Ways 2 adalah pemahaman…

2 weeks ago