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JetBlue-Spirit DOT action paused until antitrust lawsuit is decided

BLOOMBERG Federal transportation regulators will decide whether to challenge JetBlue Airways Corp’s purchase of Spirit Airlines Inc only after the Justice Department’s (DOJ) lawsuit to block the deal is decided, setting up lengthy litigation over the deal. Transportation Secretary Pete Buttigieg said in an interview with Bloomberg that his agency is looking at all potential avenues to inject competition into ...

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German airports face fresh disruption over pay strike

BLOOMBERG German airline passengers faced disruption on March 13, with scores of flights cancelled at Berlin airport as ground staff went on strike over pay. Hamburg, Hanover and Bremen airports are also affected by walkouts and flight cancellations. The Verdi labour union is pushing for improved pay and conditions as workers grapple with the soaring cost of living. The planned ...

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Walmart chips away at rival’s lead in rich online shoppers

BLOOMBERG Walmart Inc’s online subscription service is narrowing the gap with Amazon.com Inc in a key demographic: affluent shoppers. Launched in 2020 as a competitor to Amazon Prime, Walmart+ is resonating with higher-income households eager to fend off inflation. At $98 a year, Walmart+ costs $41 less than Prime and offers many of the same perks, such as shipping discounts ...

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