May 16, 2022 SOURCE: AFP
US carrier JetBlue launches hostile takeover of Spirit Airlines
American low-cost carrier JetBlue Airlines announced on Monday a hostile takeover bid for its rival Spirit Airlines, which had rejected a previous bid in favour of a merger with Frontier.
Earlier this month, Spirit reiterated its support for a merger with Frontier Airlines, saying it concluded the $3.6 billion JetBlue...
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