PPRuNe Forums - View Single Post - Jet Blue blocked from Spirit acquisition by US Dept of Justice
Old 8th Mar 2023, 20:28
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WHBM
 
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Originally Posted by tdracer
I can't help but think that blocking the merger may be self defeating. If one or both of the airlines in question go under, the impact on competition and prices will be even greater.
... but how can a business being offered USD 3.8bn be "about to go under" ? And if JetBlue is likewise, saddling itself with another 3.8bn of debt is the last thing they want.
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