Spirit Airlines Says Expects DOJ Decision On JetBlue Merger In...: Difference between revisions

From My wiki
Jump to navigation Jump to search
mNo edit summary
mNo edit summary
Line 1: Line 1:
Feb 7 (Reuters) - Spirit Airlines Inc said on Tuesday it expects U.S.<br>In the event you loved this post and you want to receive details about [https://evigetir.com/uluslararasi.html eVDeN eve nakLiYAt] i implore you to visit the webpage. antitrust regulators to decide whether to allow the low-cost carrier to proceed with its $3.8 billion merger with [https://en.wikipedia.org/wiki/JetBlue JetBlue Airways] Corp in the "next 30 days or so."<br> "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 [https://evigetir.com/evden-eve-nakliyat.html EVDen eve NakLiYat] call.<br> The DOJ did not immediately respond to a request for comment.<br> JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its deal.<br> The merger is expected to face regulatory hurdles with the combination creating the fifth-largest U.S.<br><br>airline at a time when high energy prices, a tight labor market and swelling demand for travel have sent airfares soaring.<br> 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" [https://electrek.co/2023/04/27/toyota-joby-aviation-extend-partnership-mass-production-passenger-evtol/ partnership] with American Airlines,  [http://vulteevaliant.com/index.php/Cody_Gakpo_Joined_Liverpool_TOO_EARLY_Claims_Holland_apos;s_Ronald_Koeman EVDEN eve nAkLiYAT] arguing it would lead to higher fares for consumers.<br> 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.<br> JetBlue had acknowledged that the regulatory process could be drawn out and it did not expect the deal to be completed before December 2023.<br> Spirit's shares were up 1.3% at $19.9 in morning trade after the carrier posted better-than-expected quarterly results on Monday.<br><br>(Reporting by Kannaki Deka in Bengaluru; Editing by Shailesh Kuber)<br>
Feb 7 (Reuters) - Spirit Airlines Inc said on Tuesday it expects U.S.<br>In the event you [http://www.annjaywellbeingspecialist.com cherished] this information along with you desire to receive more information about [https://evigetir.com/evdeneve/temizlik.html EvDEn eve NakLiyaT] kindly check out our own web-site. 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."<br> "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.<br> The DOJ did not immediately respond to a request for comment.<br> JetBlue prevailed in a months-long bidding war for [https://medwiki-imi.ukaachen.de/eumi-praxisbuch/index.php/Benutzer:Kaylene49B EvDEN eve nakLiYAt] Spirit Airlines after the ultra-low-cost carrier accepted its deal.<br> The merger is expected to face regulatory hurdles with the combination creating the fifth-largest U.S.<br><br>airline at a time when high energy prices, [https://wiki.ioit.acm.org/index.php/Mexico_Border_Prison_Break:_Cartel_Leader_Among_30_Inmates_On_The_Run EvDeN eVE NAkliyaT] a tight labor market and swelling demand for travel have sent airfares soaring.<br> Concerns about approval for the combined airline was amplified after the DOJ filed a [https://www.thefreedictionary.com/lawsuit 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 [https://evigetir.com/hakkimizda.html evDeN EVE nakliyAt] consumers.<br> 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.<br> JetBlue had acknowledged that the regulatory process could be drawn out and it did not expect the deal to be completed before December 2023.<br> Spirit's shares were up 1.3% at $19.9 in morning trade after the carrier posted better-than-expected quarterly results on Monday.<br><br>(Reporting by Kannaki Deka in Bengaluru; Editing by Shailesh Kuber)<br>

Revision as of 12:17, 1 May 2023

Feb 7 (Reuters) - Spirit Airlines Inc said on Tuesday it expects U.S.
In the event you cherished this information along with you desire to receive more information about EvDEn eve NakLiyaT kindly check out our own web-site. 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 EvDEN eve nakLiYAt 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.

airline at a time when high energy prices, EvDeN eVE NAkliyaT a tight labor market and 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 evDeN EVE nakliyAt 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 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)