Daily Memo: JetBlue Offers Spirit More Money, More Problems?

jetblue and spirit
Credit: Joe Pries
JetBlue Airways surprised the industry with a $3.6 billion all-cash offer for Spirit Airlines, which it called “superior” to Frontier Airlines’ $2.9 billion cash and stock bid for the South Florida-based ULCC. The deal obviously offers more immediate value to Spirit’s shareholders than the Frontier...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

Subscription Required

 

Daily Memo: JetBlue Offers Spirit More Money, More Problems? is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.