Justice Department set to block JetBlue's $3.8 billion deal for Spirit Airlines

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Justice Department set to block JetBlue's $3.8 billion deal for Spirit Airlines
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Lawyers for the U.S. Department of Justice could move to halt the transaction as early as Tuesday, CBS News confirmed.

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The deal, announced in July of 2022 after JetBlue topped a rival bid for Spirit from Frontier Airlines, would create the fifth-largest carrier in the U.S. Robin Hayes, CEO of New York-based JetBlue, told theon Monday that he expected the Justice Department to file suit to stop its deal for Spirit this week, saying that antitrust officials"came to the table with their minds made up." JetBlue would fight such a government suit in court, he told the paper.

Hayes has said that combining JetBlue and Spirit, a discount carrier, would spur competition in the airline industry. In defending the merger, JetBlue

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