#jetblue-airways

#jetblue-airways

ICBC will pay $32 million to resolve investigations into compliance problems at its New York branch.

The fines are related to deficiencies in anti-money laundering and compliance programs, as well as unauthorized use of confidential supervisory information. [ more ]

The Biden administration is blocking JetBlue's $3.8 billion deal to acquire Spirit Airlines, citing reduced competition and potential fare increases.

This ruling marks the second major setback for JetBlue in federal court in less than a year, following the termination of a partnership with American Airlines last year. [ more ]

A federal judge has blocked JetBlue Airways from buying Spirit Airlines in a $3.8 billion deal.

The judge agreed with the Justice Department's argument that the merger would reduce competition and drive up fares. [ more ]

The proposed $3.8 billion acquisition of Spirit Airlines by JetBlue Airways has been blocked by a federal judge.

The Department of Justice argued that the merger would harm travelers by reducing competition in the airline industry. [ more ]