Concerns<\/a> 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.<\/p>\nSpirit 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.<\/p>\n
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.<\/p>\n
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)<\/p>\n<\/div>\n<\/strong><\/u><\/p>\n","protected":false},"excerpt":{"rendered":"
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 […]<\/p>\n","protected":false},"author":17375,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5077],"tags":[5078],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/72099"}],"collection":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/users\/17375"}],"replies":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/comments?post=72099"}],"version-history":[{"count":1,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/72099\/revisions"}],"predecessor-version":[{"id":72100,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/72099\/revisions\/72100"}],"wp:attachment":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/media?parent=72099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/categories?post=72099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/tags?post=72099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}