JetBlue plans a pair of new routes between Orlando and the Dominican Republic from November 2023, a down payment on what it sees as more than doubling daily operations in Central Florida should its merger with Spirit Airlines be approved.
JetBlue hit with DOJ, DOT objections to Spirit buyout
Regulatory approval has been a major concern since the day Spirit Airlines became a takeover target a year ago. Now, seven months after JetBlue won the bidding battle, it must convince US regulators – or a judge – that consolidation is good for consumers. And the Department of Justice will not make that an easy task.
Viasat, Inmarsat receive provisional merger approval from UK
Should the Viasat/Inmarsat merger eventually close, the company may need to send a thank you present to the Starlink team at SpaceX. After four months of additional review, the UK’s Competition and Markets Authority (CMA) issued a provisional approval to the combination, and the upstart LEO operator is cited as a major factor in the determination.
JetBlue teases new routes, international connections with Spirit merger
Beyond the typical beauracracy, JetBlue and Spirit Airlines are using routine merger-related DOT filings to further justify their planned combination. The new routes teased make for a far more interesting read than prior mergers have offered.
Air India, Vistara to merge
Why compete with yourself? For India’s Tata Group, owning both Air India and Vistara – the country’s two full service carriers – presented precisely that challenge. Now Air India and Vistara will merge, bringing a coherent competitive stance to the market, along with an additional cash infusion to boost operations.
UK sees “substantial lessening of competition” risk in proposed Viasat/Inmarsat merger
Their overlap in the inflight connectivity segment could derail the proposed merger between Viasat and Inmarsat. UK regulators announced plans to further investigate the competitive impact of the deal.
Viasat, Inmarsat receive UK security approval for merger
Viasat and Inmarsat received approval for their proposed combination from the UK Government under the National Security & Investment Act. The Secretary of State for Business, Energy and Industrial Strategy (BEIS) has announced that the transaction does not pose a risk to the UK’s national security. It also confirms that the new entity will continue […]
JetBlue, Spirit agree to $3.8 billion deal
Four months after starting the conversations, and just a few hours after the Frontier Airlines bid was formally rejected, Spirit Airlines and JetBlue announced a definitive agreement to merge.
Eutelsat, OneWeb to merge in LEO/GEO push
The next generation of the OneWeb constellation is now funded. Eutelsat will divert its dividend payments for the next two years to help cover the cost of building and launching the expanded low earth orbit constellation as part of a merger deal between the two companies announced on Tuesday. v
Spirit wins Newark slots, with conditions to keep them
pirit Airlines led the legal charge to ensure the slots Southwest Airlines abandoned at Newark would be reallocated. Now, after much legal wrangling, the carrier won the rights to those 16 slots.