A federal court in Boston Tuesday rejected the merger project between Spirit and JetBlue AirlinesThat could create the fifth U.S. airline in terms of size, considering that The operation would be negative for consumers.
According to Judge William Young’s decision, the operation would lead to “higher average prices for customers” And Spirit’s disappearance “would hurt travelers looking for the low prices” the company offers.
Jetblue and Spirit cancel flights scheduled for next Tuesday from the US to Guayaquil and Quito
The decision comes after a complaint filed in March by the Ministry of Justice.
“The company resulting from the merger of JetBlue and Spirit would help compete with the nation’s largest airlines. At the same time, consumers who rely on Spirit’s distinctive low-price model would be affected,” Judge Young said in his ruling.
In a joint statement The two companies stated that they “disagreed” with the court’s ruling. They indicated that they will study the ruling and evaluate what their “options are within the framework of the legal process.”
The two low-cost carriers completed their project in late July 2022 after several months of back-and-forth and bidding competition for Spirit between JetBlue and its rival Frontier. Finally, JetBlue won with a bid of $3.8 billion. (JO)
Source: Eluniverso
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