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Justice Department Statements on JetBlue Terminating Acquisition of Spirit Airlines
March 05, 2024
WASHINGTON, March 5 -- The U.S. Department of Justice issued the following news statement on March 4, 2024:

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JetBlue Airways Corporation (JetBlue) announced today that it has abandoned its $3.8 billion acquisition of Spirit Airlines Inc. (Spirit). In January, the U.S. District Court for the District of Massachusetts blocked the transaction because it violated "the core principle of antitrust law: to protect the United States' markets - and its market participa . . .

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