The Spirit deal is a missed opportunity for creative destruction | Curio
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The Spirit deal is a missed opportunity for creative destruction

8 mins | Aug 3, 2022
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The airline agreed to sell itself to JetBlue, despite antitrust fears. Usually, when the airline industry suffers from a slump, a shake-out helps ease such bottlenecks in favour of low-cost travel. However, as long queues and cancelled flights indicate, that hasn't happened yet. The Economist examines the potential impacts of JetBlue's takeover of spirit, discussing whether it threatens America's no-frills market and what industry structure would promote lower fares overall.
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