{"id":9184,"date":"2023-04-03T06:18:32","date_gmt":"2023-04-03T11:18:32","guid":{"rendered":"https:\/\/ustower.net\/?p=9184"},"modified":"2023-04-03T06:18:35","modified_gmt":"2023-04-03T11:18:35","slug":"four-states-joined-the-u-s-bid-to-block-the-merger-of-the-fifth-largest-airline","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=9184","title":{"rendered":"Four states joined the U.S. bid to block the merger of the fifth-largest airline"},"content":{"rendered":"\n<p>Four states have joined the U.S. Justice Department lawsuit aimed at preventing&nbsp;JetBlue Airways&nbsp;from buying rival discount carrier Spirit Airlines for $3.8 billion.<br>California, Maryland, New Jersey, and North Carolina signed the lawsuit Friday, which was filed in early March.<br>They join Massachusetts, New York, Connecticut and the District of Columbia in the litigation.<br>&#8220;We look forward to litigating this important case alongside our state law enforcement partners to stop JetBlue from eliminating its rival, Spirit,&#8221; said DOJ Principal Deputy Assistant Attorney General Doha Mekki said in a statement.<br>The U.S. Justice Department&nbsp;filed the lawsuit on March 7, seeking to stop the transaction.<br>The DOJ says the merger would lead to higher fares, fewer seats and harming consumers.<br>FOX Business has reached out to JetBlue and Spirit Airlines for comment.<br>JetBlue and Spirit&nbsp;agreed to combine last year in a $3.8 billion deal that aims to create the fifth-largest airline in the U.S.&nbsp;<br>The merged airlines would have an estimated 9% of market share.<br>JetBlue CEO Robin Hayes defended the deal in a Reuters interview this month, saying it would save consumers money and boost available seats.<br>JetBlue has said that buying Spirit is its best chance of growing large enough to credibly challenge the four largest airlines that combined have 80% of the market.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.foxbusiness.com\/markets\/four-states-join-us-bid-stop-jetblue-spirit-merger\">Foxbusiness<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Four states have joined the U.S. Justice Department lawsuit aimed at preventing&nbsp;JetBlue Airways&nbsp;from buying rival discount carrier Spirit Airlines for $3.8 billion.California, Maryland, New Jersey, and North Carolina signed the lawsuit Friday, which was filed in early March.They join Massachusetts, New York, Connecticut and the District of Columbia in the litigation.&#8220;We look forward to litigating [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":9185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1154],"tags":[4860,4861,2048,3529],"class_list":["post-9184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-block","tag-four-states","tag-jetblue","tag-takeover"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/9184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9184"}],"version-history":[{"count":1,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/9184\/revisions"}],"predecessor-version":[{"id":9186,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/9184\/revisions\/9186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/9185"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}