The imminent decision in the merger trial involving JetBlue Airways (B6) and Spirit Airlines (NK) has the potential to impact the entire airline industry significantly.
Jetblue Spirit Payments
The antitrust trial initiated by the US Department of Justice (DOJ) to oppose the acquisition of Spirit Airlines (NK) by low-cost carrier JetBlue Airways (B6) could face delays if a federal government shutdown lasts more than two weeks
JetBlue was also in the process of attempting to acquire Spirit Airlines, a move that had encountered regulatory hurdles.
As per Merger Agreement between JetBlue Airways Corporation (B6), Sundown Acquisition Corp., and Spirit Airlines, Inc, Payment dates