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US sues to block JetBlue from buying Spirit Airlines
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FILE - A JetBlue Airways Airbus A320, left, passes a Spirit Airlines Airbus A320 as it taxis on the runway, July 7, 2022, at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla. The Biden administration wants to block JetBlue from buying Spirit Airlines, saying the deal would reduce competition and hurt travelers. - photo by AP Photo/Wilfredo Lee, File
The Biden administration sued on Tuesday to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying the deal would reduce competition and drive up air fares for consumers. The Justice Department said the tie-up would especially hurt cost-conscious travelers who depend on Spirit to find cheaper options than they can find on JetBlue and other airlines. Attorney General Merrick Garland was scheduled to hold a news conference to announce the lawsuit — a sign of the importance that the administration places on stopping further consolidation in the airline industry.