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Author: WiltonKnight   😊 😞
Number: of 48467 
Subject: I support Biden's FTC on this one
Date: 09/30/2023 3:55 PM
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https://www.barrons.com/articles/jetblue-spirit-ai...

"JetBlue Plans to Hike Spirit Fares by Up to 40%, Court Error Reveals. It's a Blow to the Merger's Chances."


"JetBlue Airways could raise airfares on certain routes by up to 40% if its planned merger with Spirit Airlines is approved, according to internal estimates inadvertently revealed in court filings."


lolololololol someone accidentally spilled the beans.


So on this score - I'm hoping Biden's FTC is sincere and not just grandstanding about being against anti competitive practices. One of the parties of the merger has shown its hand loud and clear.

I worry that the FTC will be given some bullcrap face saving nugget and they'll approve it.

Jet Blue just gave one of its unions a raise, and now the union coincidentally supports the merger.
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