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JetBlue, Spirit Airlines call off $3.8 bln merger on antitrust hurdle
Low-cost air carriers JetBlue and Spirit canceled their $3.8-billion merger agreement.
Low-cost air carriers JetBlue and Spirit canceled their $3.8-billion merger agreement.
Shares of Hawaiian Holdings nearly tripled on Monday after Alaska Air Group agreed to acquire it for $1.9 billion, including debt.
A U.S. Department of Justice lawyer urged a federal judge to block JetBlue Airways’ planned $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines.