JetBlue and Spirit Airlines end $3.8bn merger due to US court ruling and regulatory obstacles.
JetBlue and Spirit Airlines have ended their proposed $3.8bn merger after a US court ruling blocked the deal. The airlines cited regulatory obstacles as key factors in their decision, with JetBlue paying Spirit $69m to resolve all outstanding matters related to the failed merger. Both companies still believe in the potential benefits of the combination, but as it stands, they will operate independently.
March 04, 2024
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