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Spirit Airlines agrees to be bought by JetBlue in $3.8-billion deal

Spirit Airlines agrees to be bought by JetBlue in $3.8-billion deal

Reuters · 07/28/2022 06:32
Spirit Airlines agrees to be bought by JetBlue in $3.8-billion deal

- Spirit Airlines Inc SAVE on Thursday agreed to a sweetened $3.8-billion offer from low-cost rival JetBlue Airways Corp JBLU, ending a drawn-out battle for the carrier that would help create the fifth-largest U.S. airline.


(Reporting by Nathan Gomes in Bengaluru; Editing by Sriraj Kalluvila and Arun Koyyur)

((Nilanjana.Basu@thomsonreuters.com;))