The Latest Breaking News from Spirit Airlines

The Biden administration is suing to block JetBlue Airways from buying Spirit Airlines, saying the deal would reduce competition and drive up air fares for consumers

The Biden administration sued on Tuesday to block the $3.8 billion purchase, saying the deal would reduce competition and drive up air fares for consumers.

The Biden administration is suing to block JetBlue Airways from buying Spirit Airlines, saying the deal would reduce competition and drive up air fares for consumers

The merger would make JetBlue the fifth-largest domestic airline.

The Justice Department filed an antitrust lawsuit against JetBlue Airways’ proposed $3.8 billion acquisition of Spirit Airlines.

A Spirit Airlines flight from Dallas to Orlando was diverted to a Jacksonville, Florida, airport after a battery on a passenger's item in an overhead bin caught fire

A retired firefighter onboard helped put the flames out

JetBlue Airways CEO Robin Hayes was unequivocal when asked what he’d do if the U.S. Justice Department blocked his airline’s proposed buyout of Spirit Airlines, South Florida’s low-cost hometown air carrier.

’If you plan ahead, it works so well!’ she declared

The airline industry has been struggling with macroeconomic issues, which is expected to keep fundamentally weak stock Spirit Airlines (SAVE) under pressure in the near term. In addition, while the space economy may command a significantly high valuation in the long run, the near-term prospects look beak on Virgin Galactic…

There were no arrests resulting from the fight