The U.S. Department of Transportation (USDOT) has said that it will deny the exemption application filed by JetBlue Airways Corporation and Spirit Airlines, Inc. to permit them to operate under common ownership prior to the requested transfer.
The two airlines had filed a transfer application requesting that USDOT allow them to combine and operate their international routes under one certificate - the authorization required to provide air transportation.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.