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Airline Merger

All articles tagged with #airline merger

business2 years ago•4 min saved

Boston Judge to Decide Fate of JetBlue and Spirit Merger

Closing arguments have begun in the case determining the fate of the proposed merger between JetBlue Airways and Spirit Airlines. The Justice Department, which sued to block the deal, argues that the merger would harm consumers by eliminating competition, while JetBlue contends that it would create a stronger challenger to the dominant carriers. U.S. District Court Judge William Young will make the decision, with a ruling expected before the end of the year. If approved, it would be the first U.S. airline merger since 2016. The case reflects the Biden administration's more aggressive enforcement of antitrust laws.

via The Washington Post|

#airline-merger #antitrust-laws #business

business2 years ago•3 min saved

"Justice Department Skepticism: Impact of Alaska-Hawaiian Merger on Customers Revealed"

Alaska Air Group's $1.9 billion cash and debt acquisition of Hawaiian Airlines is expected to face scrutiny from the Justice Department, which has been skeptical of airline deals it deems anticompetitive. The Justice Department previously sued to block JetBlue's acquisition of Spirit Airlines, arguing that it would harm consumers through higher fares. The Alaska-Hawaiian deal differs in approach, with Alaska planning to keep separate brands, but experts still anticipate regulatory challenges. Alaska and Hawaiian executives defend the deal, citing little overlap and the ability to expand their networks. The deal is expected to take 12 to 18 months to close, potentially extending into a new administration.

via CNBC|

#airline-merger #alaska-airlines #antitrust-regulations