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March 13, 2023

JetBlue, Spirit to Continue with Low-Fare Airline Plans

Despite DoJ Resistance, Spirit, Jetblue Brass See Future for Affordable Carrier Option

JetBlue Airways Corp and Spirit Airlines have responded to a DoJ complaint looking to block their proposed merger, announcing their intent to stay the course. "JetBlue and Spirit will continue to advance our plan to create a compelling national challenger to the Big Four airlines, which control about 80% of the market after years of industry consolidation that the DOJ itself approved. By coming together, we will expand JetBlue’s unique offering – where customers do not have to choose between a low fare and a great experience – to boost competition nationally."

Local Manufacture with 51% Ownership Seen as Solution to Growing Pains in Indian Market

Indian stakeholders are looking into the construction of regional jets in their own backyard, courting aircraft manufacturers around the world with a 49% ownership scheme and technology transfer. While plans stand at a nearly embryonic level, rumor has it that the aircraft would be produced in Prime Minister Narendra Modi's home region of Gujarat. The goal would be to provide fleets of smaller, more affordable aircraft to operate throughout the country's legions of small airports - an essential prospect in order to improve national connectivity in far-flung, rural areas.