Judge Blocks JetBlue's $3.8 Billion Acquisition of Spirit

JetBlue is the country’s sixth-largest carrier, and Spirit ranks seventh. Photo: Wilfredo Lee/Associated PressA federal judge on Tuesday blocked JetBlue Airways from acquiring Spirit Airlines , agreeing with the Justice Department that the $3.8 billion deal would eliminate a competitor important to price-conscious travelers. The Justice Department said JetBlue’s purchase of Spirit would remove an ultra-low-cost carrier that benefits travelers and puts pressure on other airlines to keep down fares. Removing ...