JetBlue casts doubt on its merger deal with Spirit Airlines

JPMorgan analysts state that JetBlue avoids a costly merger. The market value of Spirit's equity has dropped significantly. It is believed that JetBlue's management and board were no longer committed to the merger.

Jan 27, 2024 - 00:30
JetBlue casts doubt on its merger deal with Spirit Airlines
JPMorgan analysts state that JetBlue avoids a costly merger. The market value of Spirit's equity has dropped significantly. It is believed that JetBlue's management and board were no longer committed to the merger.