Spirit shares slipped as much as 8% while JetBlue jumped 2% as investors reacted to the latest drama surrounding the discount airline.
JetBlue CEO Robin Hayes confirmed his company believes a lawsuit is coming,he expects the companies to “get sued by the DOJ this week” and that prosecutors have their “minds made up” about the merger.
The Transportation Department is simultaneously planning to prevent the transfer of Spirit’s airline license to JetBlue,Shares of Spirit sank as much as 8% following the report, while JetBlue jumped 2%.Key Background
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
WSJ News Exclusive | JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ MergerJetBlue's CEO said he expects the Justice Department will try to block its planned takeover of Spirit in the coming days
Les mer »
Get into the Spirit: Behind the scenes of the 2023 Spirit AwardsBackstage at the Spirit Awards: A day at the beach with Michelle Yeoh, Paul Mescal, and Quinta Brunson
Les mer »
‘Everything Everywhere’ Wins Best Feature at Independent Spirit Awards as Producer Says A24 Changed Cinema‘Everything Everywhere’ Wins Best Feature at Indie Spirits as Producer Says A24 Changed Cinema
Les mer »
The crypto industry has 'already started' moving outside US, says Ripple CEOIn a Mar. 3 Bloomberg interview, Ripple’s CEO Brad Garlinghouse suggested that the United States Securities and Exchange Commission regulation through “enforcement” as opposed to “doing the work,” is not a “healthy way” to regulate an industry.
Les mer »
OpenAI CEO Says His Tech Is Poised to 'Break Capitalism'The doomsday prepper CEO of OpenAI has a strange reason for getting out of bed in the morning — and he thinks his company might 'break capitalism.'
Les mer »
Apple may launch mixed reality device this year — but we're not scared, HTC CEO saysApple will likely launch a mixed reality product 'very soon' — potentially as soon as this year, HTC CEO and co-founder Cher Wang told CNBC.
Les mer »