Chris Murphy
👤 SpeakerAppearances Over Time
Podcast Appearances
Hey, Spirit Wings 1, just want to say thoughts to all you and your colleagues over there at the Banana as the next couple days unfold.
So this week, at the request of the Biden administration, a federal judge blocked a big airline merger between two airlines you've heard of, JetBlue and Spirit.
I want to tell you why this is really important for consumers, but also for the country.
The Biden administration has made it a priority to try to break up these big monopolies, to try to infuse more competition into our economy.
You know this is a problem because you've seen these massive companies
become more and more powerful.
And that's really bad for workers.
It's really bad for consumers.
It just sort of guts the emotional soul of the country when you've only got a couple companies that have this much power.
Well, that's happened in the airline industry.
There's only a handful of really big carriers.
Spirit is one of the few budget airlines out there, and wherever Spirit flies, there's a pressure for prices to stay low.
The big airlines have to compete with the low-cost carrier.
If Spirit and JetBlue merged, then that downward pressure on price would be removed everywhere that Spirit flies.
JetBlue admitted that it was planning to increase fares by 25% or more after they merged with Spirit on the routes that Spirit flies.
He was always provocative, and some would say that he was provocative for good at the beginning.
You know, he said, George Bush doesn't care about black people.
I hate the way they portray us in the media.
If you see a black family, it says they're looting.