The New York Times – Music:
The Justice Department had John Abbamondi testify at an antitrust trial to support its case that Live Nation has acted as a monopoly, an accusation the company denies.
Category: Justice Department
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Live Nation Accused of Hurting Music Fans as Antitrust Trial Begins
The New York Times – Music:
The Justice Department lawsuit says the concert giant acts as a monopoly in the music industry, a charge the company denies.
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Frontier Airlines Offers to Buy Spirit Airlines, Again
The New York Times – Travel:
Spirit, which filed for bankruptcy protection in November after a federal court blocked its acquisition by JetBlue, says it has rejected the latest Frontier offer for being too low.
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4 Takeaways About Boeing’s Quality Problems
The New York Times – Travel:
The company’s issues date back years, employees said, and were compounded by the pandemic, when it lost thousands of experienced workers.
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JetBlue and Spirit Call Off Their Merger
The New York Times – Travel:
JetBlue said it would pay Spirit $69 million to terminate the $3.8 billion deal, which had been blocked by federal antitrust regulators.
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Boeing, Still Recovering From Max 8 Crashes, Faces a New Crisis
The New York Times – Travel:
The incident on an Alaska Airlines 737 Max 9 plane is likely to increase Boeing’s costs and scrutiny of the manufacturer by regulators, airlines and travelers.
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Spirit Airlines Is on Shaky Footing After Judge Blocks JetBlue Deal
The New York Times – Travel:
Some investors and analysts said the airline might have to seek bankruptcy protection if it couldn’t find another buyer.
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JetBlue Chief Executive to Step Down
The New York Times – Travel:
Robin Hayes described the decision to retire as “bittersweet,” and suggested that unspecified health concerns had driven it.
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JetBlue Seeks Court Approval of its Acquisition of Spirit Airlines
The New York Times – Travel:
JetBlue Airways is trying to persuade a federal court to let it acquire Spirit Airlines, a deal that the Justice Department says will raise fares and reduce competition.