Spirit Airlines Urges JetBlue to Contest Merger Block
Spirit Airlines is encouraging JetBlue to challenge the recent court ruling that blocked their proposed merger. The merger, valued at $3.8 billion, was halted by a federal judge who sided…
Blocked funds for airlines impose a threat to connectivity
The International Air Transport Association (IATA) has warned that rapidly growing levels of blocked funds pose a danger to airline connectivity in impacted areas. The industry’s frozen funds climbed by…