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Home Travel JetBlue-Spirit merger block in win for Biden’s Justice Department

JetBlue-Spirit merger block in win for Biden’s Justice Department

by Staff

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York.

Leslie Josephs | CNBC

A federal judge blocked JetBlue Airways‘ purchase of budget rival Spirit Airlines after the Justice Department sued to stop the merger, alleging it would drive up fares for some of the most price-sensitive consumers.

JetBlue’s proposed $3.8 billion purchase of discounter Spirit would have produced the country’s fifth-largest airline, a deal the carriers said would help them better grow and compete against larger rivals like Delta and United.

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