Economic Impacts of Iran War
05-03-2026 | 06:26 AM
#1461
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From: Engines Turn or People Swim
Because Spirit’s CEO testified that they didn’t need the merger to survive, and Jet Blue testified that this would reduce competition and raise prices. That’s exactly what antitrust laws are designed to prevent.
If either executive testified differently it is very likely the outcome would have been different.
If either executive testified differently it is very likely the outcome would have been different.
Essentially any merger of any companies is going to reduce competition... the threshold should be long-term net-benefit (such as survival of a company in a specific niche).
05-03-2026 | 06:39 AM
#1463
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05-03-2026 | 06:41 AM
#1464
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05-03-2026 | 06:43 AM
#1465
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WSJ this morning...
The jet-fuel crisis is turning into a disaster for airlines.
Spirit’s demise is a silver lining for the airlines it competes with. Rivals will backfill some of the vacuum Spirit’s absence leaves behind—JetBlue immediately announced 11 new destinations from Fort Lauderdale, Fla. Analysts have said that Spirit’s closure will take unprofitable flying out of the market, giving the remaining airlines more pricing power.
The jet-fuel crisis is turning into a disaster for airlines.
Spirit’s demise is a silver lining for the airlines it competes with. Rivals will backfill some of the vacuum Spirit’s absence leaves behind—JetBlue immediately announced 11 new destinations from Fort Lauderdale, Fla. Analysts have said that Spirit’s closure will take unprofitable flying out of the market, giving the remaining airlines more pricing power.
05-03-2026 | 08:44 AM
#1467
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Because Spirit’s CEO testified that they didn’t need the merger to survive, and Jet Blue testified that this would reduce competition and raise prices. That’s exactly what antitrust laws are designed to prevent.
If either executive testified differently it is very likely the outcome would have been different.
If either executive testified differently it is very likely the outcome would have been different.
I doubt anyone can purger themselves by not clarifying if avoiding Ch11 to survive is outside the scope of the questioning on survival.
Last edited by OpieTaylor; 05-03-2026 at 09:09 AM.
05-03-2026 | 09:43 AM
#1468
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What’s done is done. The impact of tanker traffic at a standstill. When does that farce go away?
05-03-2026 | 09:56 AM
#1469
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