Credit: Spirit Airlines
JetBlue Airways is offering $3.6 billion to acquire Spirit Airlines, complicating plans by Frontier Airlines to merge with Spirit before the end of 2022. The all-cash offer from New York-based JetBlue amounts to $33 per share of Spirit stock, an approximately 50% premium over Spirit’s roughly $21...
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JetBlue Offers $3.6B To Acquire Spirit Airlines is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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