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...JetBlue Airways has terminated a proposed takeover of budget carrier Spirit Airlines, after a federal judge blocked the $3.8bn deal in January....
...JetBlue will pay $470mn in total reverse termination fees through various interesting mechanisms....
...As part of the terms of Heathrow’s ownership structure, the other shareholders, including Canadian and Australian pension funds, the Qatar Investment Authority and the China Investment Corporation, have...
...JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines has been blocked by a US federal judge on grounds it would violate antitrust laws....
...A US federal judge has blocked JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines, in a victory for the Biden administration’s top antitrust enforcer at the Department of Justice....
...Shares in JetBlue Airways fell 7.3 per cent in early trading after the US carrier cut its earnings outlook for the year as more travellers opt for international destinations....
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...JetBlue Airways shares fell 10.7 per cent on Monday after it announced its chief executive Robin Hayes would step down next month and be replaced by the group’s president Joanna Geraghty....
...Spirit Airlines jumped 9.8 per cent after the carrier announced late on Friday that it is working with JetBlue Airways to appeal a judge’s decision to block the planned merger between the two airlines....
...On Tuesday, a US federal judge blocked JetBlue Airways’ proposed $3.8bn acquisition of Spirit, sealing an apparent victory for the Biden administration’s top antitrust enforcer at the Department of Justice...
...Your report “Judge turns down JetBlue’s $3.8bn deal for rival Spirit” (January 18) underscores that for the US judiciary, industrial policy is not the remit of the legal system....
...Airlines: The antitrust trial against US carriers JetBlue Airways and Spirit Airlines begins....
...Barclays operates a partnership model in the US market, running co-branded credit cards for 20 companies including The Gap, JetBlue Airways and the AARP....
...JetBlue Airways is promising to offload gates and slots in New York if regulators approve its $3.8bn acquisition of Spirit Airlines....
...Some of these get announced but do not close quickly for regulatory reasons such as the planned combination of JetBlue Airways and Spirit Airlines....
...Illustrating that, US airline JetBlue launched two routes to Dublin on Thursday....
...This is for the simple reason that the US enjoys unique strengths, such as natural resources, demographics, technological excellence and better-run corporations....
...Most US airlines stocks were higher after authorities sued to block JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines....
...US authorities and states have sued to block JetBlue Airway’s proposed $3.8bn acquisition of Spirit Airlines on the grounds that it would reduce competition in the airline sector and bring higher fares....
...US authorities and states have sued to block JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines on the basis that it would reduce competition in the passenger aviation industry....
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...P&W’s announcement in July that more than a thousand engines would need to be removed from Airbus aircraft and inspected has forced a number of airlines — including Spirit Airlines, JetBlue Airways and Hawaiian...
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