The Closer Weekly: What's going on with the JetBlue and Spirit Airlines deal?
Podcast: The Closer: Deals Change the WorldPublished On: Fri Apr 14 2023
Description: This week, we're looking at a deal one of our listeners on Twitter asked us to cover. It's JetBlue's $3.8bn takeover of discount carrier Spirit Airlines. The deal was approved by Spirit shareholders last fall, but US authorities have sued to block it on antitrust grounds. Ben and Aimee cover how the deal came together, the regulatory concerns, as well as how the deal fits into the bigger picture of consolidation in the industry in the last two decades. For a longer look at the state of consolidation in the airline industry, check out episode 1 of The Closer, The Deal That Made The World's Biggest Airline. Is there a deal you’d like Aimee and Ben to take a deeper look at? Tweet us at @thecloserpod. The Closer is a Project Brazen production. Subscribe to Brazen+ on Apple Podcasts or at brazen.fm/plus and get exclusive bonus episodes for The Closer and all our shows, as well as ad-free listening and early access to new podcasts. For more fearless storytelling visit brazen.fm, home to all our podcasts, documentaries and newsletters. At Brazen, we show you how the world really works – from espionage and corruption to deal-making and organised crime, we’ll take you inside stories from hidden worlds. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://brazen.fm/plus/
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