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The U.S. Departments of Justice and Transportation are attempting to block JetBlue’s deal to acquire Spirit over an ideological opposition to mergers, apparently even ones that workers, consumers and businesses want. Yet, the advantages of this deal vastly outweigh the loss of Spirit as a standalone carrier.
JetBlue said it will now intensify focus on its proposed combination with Spirit Airlines.
JetBlue will not appeal a judge's ruling to end its partnership with American Airlines in order to protect its planned purchase of Spirit Airlines.
The partnership included flights to and from Boston Logan International Airport.
JetBlue today issued the following statement regarding its Northeast Alliance with American Airlines: JetBlue’s unique model has successfully disrupted the industry for well over 20 years,...