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 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 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 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.

JetBlue and Spirit Airlines have called off their $3.8 billion proposed merger after regulators blocked the deal. Spirit Airlines stock skid nearly 15% as of 11 a.m. Eastern Time Monday, while ...

JetBlue offered about $3.7 billion for Spirit, agreeing to pay all cash for its shares, while Frontier had proposed a cash and stock deal valued at about $1 billion less than the JetBlue offer.

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 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 ...

The Frontier offer was worth more than $2.6 billion in cash and stock, far short of JetBlue's all-cash bid of $3.7 billion.

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 ...