Sununu: Spirit Airlines closure was a lesson to approve mergers when 'somebody is putting up a red flag'
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Chris Sununu, CEO of Airlines for America, stated that the closure of Spirit Airlines serves as a lesson on the importance of approving business mergers when warning signs arise. He criticized the Biden administration for blocking JetBlue's acquisition of Spirit, suggesting political motivations influenced the decision. Despite the closure, Sununu noted that other airlines quickly assisted affected travelers and employees, emphasizing that markets can effectively manage themselves without government interference.
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