Spirit Airlines CEO Calls the Airline Industry a 'Rigged Game'

Spirit Airlines CEO Ted Christie criticized the airline industry as a "rigged game" favoring major carriers after a federal court blocked their merger with JetBlue on antitrust grounds. Despite the setback, which caused Spirit's shares to drop nearly 10%, Christie expressed readiness to focus on Spirit’s future independently. He highlighted the concentration of profits among the top airlines, suggesting this setup disadvantages consumers and smaller airlines like Spirit.