BUSINESSBLOOMBERG
Low-Cost Airlines ‘Ripe’ For Mergers, Deutsche Bank Analyst Says
The US government is suing to block JetBlue Airways Corp.'s $3.8 billion takeover of Spirit Airlines Inc., claiming it would reduce competition and boost fares. The trial is a test for the US crackdown on airline consolidation. A Deutsche Bank analyst believes low-cost airlines are 'ripe' for mergers.
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