Latest / The 47 Morning Update with Ben Ferguson
Democrats Kill your Spirit—How Biden, Warren & Buttigieg Destroyed Spirit Air
Merger Blocked by Antitrust Action: JetBlue offered $3.8 billion to acquire Spirit in 2022. Shareholders, unions, and both companies supported the merger. The DOJ and Department of Transportation, urged by Elizabeth Warren and supported by Buttigieg and Biden, sued to stop it. A federal judge blocked the merger in January 2024. Consequences Claimed: Spirit declared bankruptcy and shut down, leading to: ~17,000 direct job losses Estimated 40,000+ indirect jobs affected Loss of service to dozens of smaller cities Reduced airline competition and higher fares on former Spirit routes (examples…
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