(death by Gov’t) Biden blocked Spirit merger. They die. Medford howls.

By Taxpayers Association of Oregon Foundation,

Spirit Airlines offered lower-class families some of the least expensive options to travel.

It was risky at such low margins and with having to operate with such fierce competition among the big four airlines.  COVID restrictions also hurt the entire industry.  Spirit Airlines was on the verge of bankruptcy, so they reached out to JetBlue airlines for a merger partnership.  The liberal Biden administration blocked them, saying it would create a monopoly — which no one believed.

Since Spirit’s merger rescue was denied they have simply closed down and cancelled tens of thousands of tickets.   This has severely impacted Medford airport in Southern Oregon which depended on Spirit airlines.

This was a preventable disaster.

Progressive politicians and judges make it hard to create a business, merge a business and at times close a business.  For instance, in 2023 the State of Oregon threatened fines on a birthing center for closing.   The Oregon Attorney General fought the merger of Kroger (Fred Meyers) and Albertsons.   That failed merger cost Kroger as much as $1 billion in costs.  Sadly, a few Portland Fred Meyers have closed with Kroger announcing up to 60 stores nationwide of their own, soon to close.