Breaking News
1. Massive avalanche hits mountains around Kedarnath Temple.      2. Anasuya Bharadwaj says Vijay Deverakonda’s publicist paid trolls to abuse her.      3. Italian MP makes history by breastfeeding baby in Parliament.      4. DRDO successfully flight-tests 'Agni Prime' ballistic missile off Odisha coast.      5. UGC NET June 2023 exam dates for Phase 1 released.      6. Chris Licht steps down as CNN CEO.      7. Dreams of Barcelona Fans Shattered: Lionel Messi Joins MLS Side Inter Miami      8. Mukhtar Ansari's aide Sanjeev Maheshwari alias Jeeva was shot dead outside Lucknow civil court.      9. Air India sends plane 'with food, essentials' for passengers stuck in Russia.      10. Dua Lipa victorious after lawsuit against "Levitating" gets dismissed.      11. Netherlands PM expected to visit India in September 2023.      12. Russia begins naval exercises in Baltic Sea one day after NATO.      13. Pakistan secures $4-billion external funding, hopes for IMF deal soon.      14. Serum Institute gets interim relief in ₹100 crore defamation lawsuit.      15. Rajasthan CM says that UNESCO should designate Jodhpur as a world heritage city.      16. BJP Chief JP Nadda says Rahul Gandhi is running shopping mall of hate.      17. Edtech Start-Up Byju's Faces Deadline For $40 Million Payment Of $1.2-Billion Loan: Report      18. Sakshi Malik withdraws from wrestlers' protest.      19. Edtech Start-Up Byju's Faces Deadline For $40 Million Payment Of $1.2-Billion Loan      20. Odisha Train Accident: Kharge Writes To PM Modi, Asks 'Why Were Grave Red Flags Ignored'     

Appointment of New Judge: The Challenging JetBlue & Spirit Airline Case Update

  • Posted on March 9, 2023
  • News
  • By Akta Yadav
Appointment of New Judge:-
The US Justice Department is trying to stop JetBlue Airways' $3.8 billion acquisition deal of low-cost airline Spirit Airlines and the case was reassigned to a judge renowned to speed cases along the trial process. US District Judge William Young was unfairly handed the JetBlue-Spirit case; despite the fact that the case should be heard by a different judge who is already dealing with a different antitrust issue involving JetBlue   Appointment of New Judge Appointment of New Judge District Judge Leo Sorokin is in charge of the other JetBlue case, which aims to have American Airlines and JetBlue end their US-Northeast alliance since it would result in increased rates for customers. The Justice Department argued that because both cases contained evaluations of JetBlue's network plans, aircraft orders, and configurations, as well as pricing strategy. Therefore, Justice Sorokin should also hear the JetBlue and Spirit cases. In the lawsuit involving the merger of Spirit Airlines and JetBlue, The Justice Department stated that "the merger of JetBlue and Spirit would unite two extremely close and strong competitors". Additionally, they described the agreement as presumably illegal given that JetBlue intended to eliminate 10% to 15% of the seats from each Spirit airplane. However, in response, JetBlue has countered that the merger would result in the creation of the fifth-largest US carrier with a 9% market share. The merger would enable it to more effectively compete with the major airlines, which was good for competition. Appointment of New Judge Appointment of New Judge For more updates keep visiting our website where we provide unbiased, true, and top stories of the world.  
No Image
Akta Yadav

You May Also Like