Daily Memo: JetBlue Offers Spirit More Money, More Problems?
Credit: Joe Pries
JetBlue Airways surprised the industry with a $3.6 billion all-cash offer for Spirit Airlines, which it called “superior” to Frontier Airlines’ $2.9 billion cash and stock bid for the South Florida-based ULCC. The deal obviously offers more immediate value to Spirit’s shareholders than the Frontier...
Subscription Required
Daily Memo: JetBlue Offers Spirit More Money, More Problems? is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
