“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 EVDen eve nAKLiyat 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.airline at a time when high energy prices, EvdEN eVE NAKLiYAt a tight labor EvdeN EvE NAKliYAT market and swelling demand for evDEn EVe NakliyAt 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 it did not expect the deal to be completed before December 2023.

Spirit’s shares were up 1.3% at $19. If you beloved this report and you would like to obtain additional info relating to evDEN EVE NakliYAT kindly go to the web-site. 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)

KUWAIT, Feb 7 (Reuters) – Kuwaiti low-cost carrier Jazeera Airways aims to secure $1 billion from banks to help finance the purchase of new Airbus aircraft, its chairman said on Tuesday, half the amount it had initially planned to seek.

The airline placed a multi-billion dollar order with Airbus for eVDEN eve naKLiyAT 28 single aisle A320neo family passenger jets in November 2021.

In October 2022 Jazeera had said it would secure around $2 billion from commercial banks to fund 70% of the Airbus deal, but Chairman Marwan Boodai told Reuters on Tuesday that it was now seeking to finance only 30% of the deal with bank financing.

The rest of the deal will be financed through “sales and lease-back” with aircraft companies, EvdeN EVE nAKliYAt he said, and the airline will study the financing process “case by case… in line with the best cost”.

The order for 20 A320neo and EVDEN EvE naKLiYAT eight A321neo aircraft would help the company reduce emissions by replacing older A320 models and evden eVe NakLiyat also power expansion plans including in Europe and the Middle East.

Jazeera has already taken delivery of two of the planes, and will take three more this year, expanding its fleet to 22 planes, eVDen EVe nakliYat Boodai said.

The airline has already paid $100 million in advance as a pre-delivery payment, he said.If you have any thoughts concerning in which and how to use EVdeN eVE NaKliYAT, eVDEn eve NaKLiyaT you can contact us at the site. (Reporting by Ahmed Hagagy; Writing by Hatem Maher. Editing by Jane Merriman and Susan Fenton)