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Low-cost carriers JetBlue and Spirit agreed to terminate their $3.8 billion merger agreement after facing significant regulatory and legal hurdles. On Monday, the airlines issued a joint statement ...
JetBlue and Spirit Airlines are ending their proposed $3.8 billion combination after a court ruling blocked their merger.. JetBlue said Monday that even though both companies still believe in the ...
JetBlue Airways and Spirit Airlines are ending their proposed $3.8-billion merger weeks after a federal judge blocked the the deal, saying it would hurt consumers who depend on Spirit’s lower fares.
JetBlue and Spirit Airlines terminate $3.8 billion merger . ... With the deal off the table, Spirit must confront its financial problems alone, something its leaders say it is equipped to do.
Spirit and Frontier airlines Wednesday finally pulled the plug on their proposed deal, which had been on life support for months, clearing the way for a possible purchase of Spirit by JetBlue Airways.
JetBlue Airways, seeking to protect a planned $3.8 billion purchase of Spirit Airlines, said on Wednesday it would follow a US judge’s May order that it end an alliance with American Airlines.
JetBlue will pay Spirit $69 million to terminate the deal. Spirit Airlines’ CEO Ted Christie on Monday said the company is “disappointed” it couldn’t move forward on a deal that would have ...
JetBlue said it would pay Spirit $69 million to terminate the deal, which federal antitrust regulators blocked. By J. Edward Moreno JetBlue Airways and Spirit Airlines announced on Monday that ...
JetBlue-Spirit deal blocked by judge on antitrust grounds The debt-ridden airline has been on the back foot since regulators blocked its $3.8 billion merger deal with JetBlue Airways in January.
In March 2024, JetBlue and Spirit scrapped a $3.8 billion merger agreement after a U.S ... Under the deal, JetBlue will provide United access to slots at New York's John F. Kennedy ...
JetBlue and Spirit Airlines have called off their proposed $3.8 billion merger after regulators blocked the deal on antitrust grounds.