Originally Posted by
flier320
The merger was anti competitive, and got blocked.
Jetblue themselves said spirit was their biggest threat. A spirit frontier merger wouldve destroyed jetblue. So jetblue attempted a hostile takeover.
A lcc absorbing a ulcc to eliminate a competitor
Blocked by the US court, not biden
But Spirit was not making money as a ULCC. There was too much competition of cheap seats. So they needed to reduce competition by merging. The alternative is failing. It’s now a failed business model because the government didn’t want Spirit to go away. They were trying to pivot, and were blocked, because the government wanted the cheap seats despite it not being profitable. The die was cast when the judge ruled in favor of DOJ.