JetBlue Airways has reached a 3.8 billion dollar deal to buy Spirit Airlines.
My first thought is probably your first thought – what does this mean for those deals?!
The move was announced this morning and will create the country’s fifth-largest airline.
The news comes hours after Spirit scrapped plans to combine with Frontier Airlines. It sounds like Spirit and JetBlue had been talking on the side and the deal JetBlue came with was just too good to pass up.
If approved, JetBlue’s takeover of Spirit would leave Frontier as the largest discount carrier in the U.S.
Will JetBlue adjust its prices to reflect Spirit’s reputation of having affordable flights? I have some trips planned this year so I sure do hope so!