JetBlue makes offer to by Spirit Airlines
JetBlue just made an unsolicited offer to buy Spirit Airlines for $3.6 million, but Spirit and Frontier Airlines already have a deal in the works.
JetBlue just made an unsolicited offer to buy Spirit Airlines for $3.6 million, but Spirit and Frontier Airlines already have a deal in the works.
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Frontier Airlines has announced it plans to buy Spirit Airlines for a reported nearly $3 billion. The deal would create the nation’s fifth largest carrier. According to the companies, the combined airline would be more competitive against its larger rivals and give travelers more options.
Frontier Airlines’ parent company is buying Spirit Airlines in a $2.9 billion cash-and-stock deal that will allow the combined airline to be more competitive against its larger rivals.
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