JetBlue Airways is seeking court approval to acquire Spirit Airlines, a move contested by the Justice Department over concerns of increased fares and reduced competition. Despite antitrust constraints, several airlines anticipate record profits and passenger numbers in 2024, reflecting a recovery from the pandemic. JetBlue's stock surged following the company's announcement of a narrowed loss forecast due to strong travel demand.
JetBlue narrows loss forecast on healthy travel demand, shares rise https://t.co/bYP9KXwgBp https://t.co/RdsQmkDlwg
JetBlue pops after narrowing loss forecast https://t.co/zOgsYV0rHw 🔼 $JBLU +10.68% https://t.co/R31pe4IIEw
$JBLU (+8.5% pre) JetBlue narrows loss forecast on healthy travel demand, shares rise - Reuters https://t.co/Ee4jbaxeZU
JetBlue Airways Hikes Guidance on Healthy Travel Demand. The Stock Is Soaring. https://t.co/M2s0EPtSdt
Global Airlines Set For Record Revenue Boosted By China's Reopening Tailwind https://t.co/ApT6xmn63N
Airlines see stable profits, record traveller numbers in 2024 https://t.co/h7tgPyEqZz https://t.co/XXII7KrjAy
International airline group expects a banner year for travel in 2024 https://t.co/WGo6MeR5zW
Airlines will carry an even greater number of travelers in 2024 https://t.co/Pqme4tjQeB
IATA Eyes Airline Record $964 Billion 2024 Revenue, As 4.7 Billion Fly https://t.co/3MLfCRkoYb
Record passengers as airline industry recovers from pandemic https://t.co/1TUDKgODl8
US airlines' plans for growth constrained by antitrust concerns https://t.co/FYUWUyVNOs https://t.co/HgkQ3PS1CK
Delta Air reaffirms profit and revenue forecasts for 2023 https://t.co/VFU3MQBvPK https://t.co/BC1vw1Z4ph
JetBlue Airways is trying to persuade a federal court to let it acquire Spirit Airlines, a deal that the Justice Department says will raise fares and reduce competition. https://t.co/6FVmsd8heW