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JetBlue Air braces for antitrust decision of DOJ on Spirit merger

  Bloomberg JetBlue Airways Corp is preparing for a possible lawsuit from the US Justice Department seeking to block the carrier’s merger with Spirit Airlines Inc. While antitrust authorities haven’t yet revealed whether they plan to take action to prevent the deal, JetBlue Chief Executive Officer Robin Hayes said the company’s legal team is ready to fight back if necessary. ...

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Korean Air’s Asiana bid faces EU merger probe

Bloomberg Korean Air Lines Co’s bid to acquire smaller South Korean rival Asiana Airlines Inc for 1.8 trillion won ($1.4 billion) faces an in-depth merger review in the European Union after regulators expressed antitrust concerns. The European Commission (EC) warned the deal “could eliminate potential competition in passenger transport services” between the EU region and South Korea and also that ...

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Hong Kong airport’s passenger volume surges as China reopens

  Bloomberg The number of people passing through Hong Kong’s airport jumped last month as travel restrictions eased and China reopened borders for the first time since the pandemic began. Hong Kong International Airport reported 2.1 million passengers in January, nearly 2,900% growth from the same period last year. Traffic to and from Southeast Asia and Japan recorded the most ...

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