Spirit Airlines Didn’t Die Because Biden Blocked The JetBlue Merger
The simple story about Spirit Airlines is that the Biden administration killed the carrier by blocking JetBlue’s bid to buy it, but that is too neat and mostly wrong. Spirit was already failing because its costs rose, its product stopped matching what customers wanted, and the antitrust move that really undercut any plausible rescue came earlier, when the government killed JetBlue’s alliance with American.
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