JetBlue’s Spirit Deal Painted as Attempt to Eliminate Low-Cost Rival

📆 10/31/2023 3:41 PM
📰 BNNBloomberg

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JetBlue Airways Corp.’s $3.8 billion deal to acquire Spirit Airlines Inc. is an effort to get rid of a low-cost rival and boost ticket prices across a wider network of flights, a US Justice Department lawyer told a judge at the start of an antitrust trial in Boston.

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