JetBlue Airways and Spirit Airlines have terminated their $3.8 billion merger agreement after a US judge blocked the deal due to anti-competition concerns. The merger would have created the fifth-largest carrier in the US. Spirit Airlines will continue as an independent airline, and JetBlue will pay a $69 million termination fee. The decision was influenced by regulatory issues and consumer protection concerns.
Biden’s AG Garland blocked a merger between Spirit and Jet Blue that would have saved Spirit and it 11,000 jobs. Looks like the company and the jobs will be lost. Great work Democrats. https://t.co/lycyIMetz6
Spirit Airlines 2 month low and going to 0 https://t.co/h2kENt9oLt
Short on time and running out of options after its scuttled merger with JetBlue, Spirit is left looking to debtholders for a lifeline. They will want a lot in return https://t.co/x1hMCreR5b
On Monday, JetBlue and Spirit said they were ending their agreement to merge. Here's a look at the stock price timeline: https://t.co/n0yn7827aO https://t.co/UNjRXLSuoB
Pretty funny, I used to trade Spirit Airlines lol https://t.co/hbBSBRz5pP
Low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8-billion merger agreement on Mar. 4, seeing no path forward after a US judge blocked the deal in January on anti-competition concerns https://t.co/8bjVFpoHox https://t.co/fL1UpJfF8R
I've warned for months that a @JetBlue-@SpiritAirlines merger would have led to fewer flights and higher fares. @JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation. This is a Biden win for flyers! https://t.co/lJFGS3ucv3
JetBlue Airways and Spirit Airlines called off their $3.8-billion merger agreement on Mar. 4 after a US judge blocked the deal in January on anti-competition concerns https://t.co/8bjVFpoHox https://t.co/OKBL7DILT5
JetBlue-Spirit merger is officially dead https://t.co/4PRkkBxnMc
JetBlue and Spirit said it'd be best if they remain separate companies as they don't believe they'll be able to merge by the time the agreement is up in July. https://t.co/UROW7oHzay
JetBlue Airways and Spirit Airlines scrapped their $3.8-billion merger agreement on Mar. 4, with the low-cost carriers saying there was no path forward after a US judge blocked the deal in January on anti-competition concerns https://t.co/8bjVFpoHox https://t.co/McDHLcv1MS
Spirit Airlines faces tough road after JetBlue merger falls through https://t.co/ZuwZqWxReU https://t.co/sSxP62HxOU
An abandoned merger with JetBlue leaves Spirit Airlines struggling to survive, @tomwblack says https://t.co/KRyUCIrD6D via @opinion
⚠️ ANALYSIS-SPIRIT AIRLINES FACES TOUGH ROAD AFTER JETBLUE MERGER FALLS THROUGH Full Story → https://t.co/30r4qrPkDe Ultra-low-cost airline Spirit Airlines has its work cut out as it plots a future after the collapse of its $3.8 billion merger deal with JetBlue Airways. https://t.co/XmGFDOmo7B
JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns https://t.co/YEB3s4YJAO
An abandoned merger with JetBlue leaves Spirit Airlines struggling to survive, @tomwblack says https://t.co/OzpDoa3hlk
JetBlue and Spirit have called off their deal. https://t.co/VL2Z1tbsD0
Low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8 billion merger agreement on Monday, seeing no path forward after a U.S. judge blocked the deal in January on anti-competition concerns. https://t.co/6zWPhVZmki
JetBlue, Spirit ending $3.8B merger attempt after court ruling https://t.co/UYSbx14CKA
JetBlue and Spirit end their $3.8-billion merger plan after a federal judge blocked the deal https://t.co/cfgLI47J5t
JetBlue Airways and Spirit Airlines are ending their proposed $3.8 billion merger weeks after a federal judge blocked the deal, saying it would hurt consumers who depend on Spirit’s lower fares. https://t.co/QpEUvKxQEX
For dedicated customers who love Spirit’s cheap flights, the airline’s demise would be no joke. https://t.co/nQM5vs1wDA
JetBlue, Spirit agree to terminate merger over regulatory issues https://t.co/4ymZjocLvF
JetBlue and Spirit Airlines drop planned $3.8 billion merger https://t.co/ON2ZAJbZyJ https://t.co/ON2ZAJbZyJ
WATCH: The proposed merger between JetBlue and Spirit Airlines has been permanently grounded. The low-cost carriers scrapped the $3.8 billion dollar deal, seeing no path forward after a US judge blocked the merger two months ago https://t.co/M9aZXrjuU4 https://t.co/IegTUQM8bG
The proposed merger between JetBlue and Spirit Airlines has been permanently grounded. The low-cost carriers scrapped the $3.8 billion dollar deal, seeing no path forward after a US judge blocked the merger two months ago https://t.co/yVFTvAt8SL https://t.co/RSCDFcrNa3
Looks like the Jetblue/Spirit Airline merger is officially dead. https://t.co/ARoN6PKqPy
JetBlue formally abandoned its pursuit of Spirit Air more than a month after a federal judge blocked the $3.8 billion acquisition on antitrust grounds. https://t.co/IpmNhF2TuC
JetBlue calls off $3.8billion acquisition of budget Spirit Airlines after two year court saga https://t.co/quymZWTC5j https://t.co/dSCUkea7EA
$JBLU $SAVE | Spirit Airlines CEO Says 'We Are Disappointed' After JetBlue Deal Fails JetBlue's $3.8-billion bid for Spirit Airlines blocked by DOJ, citing antitrust laws to protect market competition. JetBlue to pay Spirit $69-million termination fee, settling all disputes… https://t.co/le8FP8c2IX
JetBlue terminated its $3.8 billion deal for Spirit Airlines following antitrust pushback https://t.co/PNGiakD0CO
JetBlue terminated its merger with Spirit Airlines and will pay the target $69 million https://t.co/eVAhSQ5ys8
JetBlue, Spirit Airlines call off $3.8-billion merger https://t.co/vnAGSOzYnw
JetBlue, Spirit ending $3.8B merger attempt after court ruling Read more: https://t.co/5X8SBcIjdu
This is a win for passengers everywhere! Last year, I joined colleagues in urging the Biden admin to block this merger, which would have made JetBlue our nation's 5th largest airline in an industry that is already far too consolidated. https://t.co/LWc57Fz8vF
WATCH: Low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8 billion merger agreement, seeing no path forward after a US judge blocked the deal in January on anti-competition concerns https://t.co/M9aZXriX4w https://t.co/GPJR6ed2gQ
JetBlue and Spirit Airlines are ending their proposed $3.8 billion combination after a court ruling blocked their merger. https://t.co/2PYR1HeGI4
Low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8 billion merger agreement on Monday, seeing no path forward after a U.S. judge blocked the deal in January on anti-competition concerns. More: https://t.co/E6KLqOwjCH https://t.co/UIm2AVXcgW
JetBlue Airways and Spirit Airlines canceled their $3.8-billion merger agreement after a US judge blocked the deal on anti-competition concerns. A successful deal would have created the fifth-largest carrier in the US and helped Spirit ensure its survival https://t.co/RpXnWShBgt https://t.co/XQYe2OcNlz
Spirit Airlines announced it will move on as an independent airline. https://t.co/vbo3aZwyI4
JetBlue and Spirit are ending their $3.8 billion merger plan after a federal judge blocked the deal https://t.co/0xgVPdoLBO https://t.co/uaaEd8cMjC
Two US Airlines Terminate Merger Agreement That Could Have Created Nation’s Fifth-Largest Airline https://t.co/jj7RH1DNq1
Spirit and JetBlue call off merger (via @HudsonsView) https://t.co/7ocYgSMSqH
Low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8 billion merger agreement, seeing no path forward after a US judge blocked the deal in January on anti-competition concerns https://t.co/cYbBkaTyZ6