JetBlue Airlines made an unexpected $3.6 Billion bid to purchase Spirit Airlines this week, in a move that, some believe, could bring welcome competition to the airline industry and benefit consumers. The airline industry has come a long way since the days of public ownership. Following the passage of the Airline Deregulation Act of 1978, […]
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Proposed Merger Could Mean Promising Benefits for Consumers
On February 7th, 2022, two of America’s largest low-cost airlines, Frontier and Spirit, announced a planned merger estimated to be worth around $6.6 billion. While the merger would create the fifth largest airline in the country, the deal could meet significant scrutiny from the Department of Justice’s (DoJ) Antitrust Division and the Federal Trade Commission […]