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JBLU / JetBlue fights DOJ lawsuit on Spirit Airlines merger, citing need for competition

JetBlue fights DOJ lawsuit on Spirit Airlines merger, citing need for competition
The US Department of Justice (DOJ) has begun a legal battle to block JetBlue Airways (NASDAQ:JBLU) from its planned $3.8 billion acquisition of low cost carrier Spirit Airlines. The case, filed in federal court in Boston, is seen as a critical move by President Joe Biden's administration to maintain competitive pricing among budget airlines, securing affordable air travel for American consumers. Read More
Posted: Oct 31 2023, 12:21
Author Name: Proactive Investors
Views: 112165

JBLU News  

JetBlue Schiphol Loss Tests Environmental Policy Between U.S. And EU

By Forbes
November 3, 2023

JetBlue Schiphol Loss Tests Environmental Policy Between U.S. And EU

The Dutch government has limited the number of flight operations at Schiphol principally to reduce noise and carbon emissions. more_horizontal

JetBlue, Spirit merger 'could go either way': Analyst

By Yahoo Finance
November 1, 2023

JetBlue, Spirit merger 'could go either way': Analyst

JetBlue (JBLU) is in court defending its contested $3.8 billion acquisition of Spirit Airlines (SAVE), which would create the 5th largest U.S. carrier more_horizontal

JetBlue's (JBLU) Q3 Loss Wider Than Expected, Q4 View Weak

By Zacks Investment Research
November 1, 2023

JetBlue's (JBLU) Q3 Loss Wider Than Expected, Q4 View Weak

Air traffic control issues in the Northeast hurt JetBlue's (JBLU) passenger revenues in Q3. more_horizontal

JetBlue's Struggles and the Cost of Your Holiday Vacation Flights

By Bloomberg Markets and Finance
October 31, 2023

JetBlue's Struggles and the Cost of Your Holiday Vacation Flights

Shares of JetBlue fell the most since 2020 after a disappointing quarterly earnings report and a pessimistic outlook going forward. Bloomberg News US more_horizontal

Antitrust trial pits JetBlue against Biden administration

By TechXplore
October 31, 2023

Antitrust trial pits JetBlue against Biden administration

Midsized carrier JetBlue began squaring off in court Tuesday against the US Department of Justice in a closely-watched challenge to the Biden administ more_horizontal

JetBlue Reports Loss, Cuts Outlook on Overwhelming Operational Expenses

By Investopedia
October 31, 2023

JetBlue Reports Loss, Cuts Outlook on Overwhelming Operational Expenses

Shares of JetBlue Airways (JBLU) plunged over 10% Tuesday to their lowest level since 2009 as the discount carrier posted worse-than-expected results more_horizontal

JetBlue Stock Crashes After Results, Potential Merger Block

By Schaeffers Research
October 31, 2023

JetBlue Stock Crashes After Results, Potential Merger Block

JetBlue Airways Corp (NASDAQ:JBLU) is sinking to 14-year lows today, after the airline's third-quarter results missed estimates. more_horizontal

JetBlue Airways Corporation (JBLU) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 31, 2023

JetBlue Airways Corporation (JBLU) Q3 2023 Earnings Call Transcript

JetBlue Airways Corporation. (NASDAQ:JBLU ) Q3 2023 Earnings Conference Call October 31, 2023 ET Company Participants Robin Hayes - Chief Executive Of more_horizontal


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