Breaking: JetBlue Bids to Buy Spirit Airlines

JetBlue

Reading Time: < 1 minute

JetBlue Airways hasactually used to buy Spirit Airlines for about $3.6 billion and break up a strategy for Spirit to combine with competitor budgetplan provider Frontier Airlines. Spirit stated it would examine the JetBlue quote and choose what’s finest for its investors.

“The integrated business would preserve the JetBlue brandname and continue to be based in New York City,” JetBlue stated in its declaration. “The present merger proposition presumes the rebranding and retrofitting of Spirit’s fleet as JetBlue, presenting a remarkable onboard experience to Spirit clients.”

“If the JetBlue deal is accepted by Spirit and if the Department of Justice authorizes this merger, it would allow JetBlue to broaden significantly by reallocating Spirit’s airplane on various paths, possibly even offering JetBlue adequate airplane to open another center someplace maybe in the center of the nation.”

Source: JetBlue

Source: Breaking: JetBlue Bids to Buy Spirit Airlines.

Breaking: JetBlue Bids to Buy Spirit Airlines - Click To Share

Share on facebook
Share on twitter
Share on reddit
Share on linkedin
Share on email
Share on whatsapp

Other recent press releases

*This is a free press release. All upgraded press releases are ad-free!

LIVE on May 17, 9 AM ET: First UFO Hearing in Congress

The House Intelligence Counterterrorism, Counterintelligence, and Counterproliferation Subcommittee will hold an open hearing on Unidentified Aerial Phenomena on May 17. Following the open portion of the hearing, the subcommittee will hold a closed, classified briefing. Who Honorable Ronald S. Moultrie, Under Secretary of Defense for Intelligence and Security Scott W. Bray, Deputy Director of Naval Intelligence…

Infertile men may be twice as likely to develop breast cancer, study suggests

Infertile men may be twice as likely to develop breast cancer than those without fertility issues, according to one of the largest ever studies of the disease.Breast cancer in males is less common than in females and its relation to infertility had previously been investigated only in small studies. The new research was published in…