And to go back and remind the American people, JetBlue offered 3.3.8 billion in cash to buy Spirit in 2022. The shareholders, the flight attendants union, literally everyone involved voted yes. The combined company would have held 9% of the US market against the big four that already owned 80%. And they were saying, oh, this could create a monopoly. All right. Those numbers don't add up to a monopoly. Elizabeth Warren led the charges you mentioned. (05:04–05:11)
CLAIM
Asserts that the combined company of JetBlue and Spirit would have held 9% of the US market.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.