Maurice Gallagher Jr., chairman and CEO of Las Vegas-based Allegiant Travel Co. Photo: Andrew Harrer/Bloomberg Airline CEO Says DOJ Bungling Antitrust Enforcement in His Industry
Allegiant CEO Maurice Gallagher Jr. said the DOJ was misguided in blocking two JetBlue deals that would have helped that airline regain altitude after the pandemic.
May 13, 2024 at 04:48 PM
4 minute read
Antitrust
What You Need to Know
- Allegiant Chairman and CEO Maurice Gallagher Jr. criticized regulators opposition to the JetBlue-Spirit merger.
- Struggling low-cost carriers needed to focus on running business.
- Las Vegas-based Allegiant has a joint venture with Mexican carrier pending before DOJ, DOT.
CEOs have complained for months that under the Biden administration the Department of Justice and Federal Trade Commission are hostile to mergers and radically overzealous in their antitrust enforcement efforts.
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