
Index investing and the future of airline mergers
After Hours
Jet Blue Buying Spirit With a Competitive Offer That Is Great for Spirit Shareholders?
Jet blue is under investigation for this northeast alliance, just as they are making claims about what spirit and frontier would be able to do. The presence of a fifth largest carrier who is a jet blue operating model strikes me as something that could be really good for fostering competition amongst the larger players. "What typically the department of justice will do when it reviews these collaboration agreements for mergers is incredibly, incredibly hard," he says.
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