Jul 28, 2022 SOURCE: AFP
US airline JetBlue announces $3.8 bn acquisition of Spirit
JetBlue Airways plans to acquire low-price carrier Spirit Airlines for $3.8 billion, the companies announced Thursday, in what would establish the fifth largest US airline.
The proposed takeover, which requires regulatory approval, comes a day after Spirit terminated a combination with the Frontier Group following JetBlue's competing bid challenging the...
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