NEW YORK (AP) — JetBlue Airways warned that it may end its bid to acquire low-cost carrier Spirit Airlines as soon as this weekend after a federal judge blocked the deal, sending Spirit shares sharply ...
JetBlue Airways and Spirit Airlines are ending their proposed $3.8 billion merger weeks after a federal judge blocked the the deal, saying it would hurt consumers who depend on Spirit’s lower fares.
The airline industry can be challenging and particularly vulnerable to rising fuel costs. JetBlue Airways is underperforming its peers, and a key investor is losing patience. JetBlue stock is so ...
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