Did JetBlue Buy Spirit Airlines? Exploring the Termination of the Multi-Billion Dollar Deal
{JetBlue Airways has canceled its $3.8 billion purchase of Spirit Airlines. A U.S. District Court blocked the merger due to antitrust issues. JetBlue will pay Spirit $69 million to end the agreement and settle all related matters.} JetBlue aimed to enhance its market share and improve services by merging with Spirit. However, fears of higher … Read more