Connect with us

NEWS

Spirit Airlines Approves Merger With JetBlue

Published

2 years ago

on

Source: Twitter

Spirit Airlines stockholders have approved the proposed $3.8 billion merger with JetBlue.

According to USA Today, if regulators approve, the merger will create the fifth-largest airline in the United States with a combined fleet of 458 aircraft.
“We believe we can uniquely be a solution to the lack of competition in the U.S. airline industry and the continued dominance of the Big Four,” JetBlue’s CEO Robin Hayes said in a statement reported by USA Today. “By enabling JetBlue to grow faster, we can go head-to-head with the legacies in more places to lower fares and improve service for everyone. Even combined with Spirit, JetBlue will still be significantly smaller than the Big Four, but we’ll be much better positioned to bring the proven JetBlue Effect to many more routes and locations.”

According to Reuters, Spirit and JetBlue expect to conclude the regulatory process and close the deal by mid-2024.
ADVERTISEMENT - CONTINUE BELOW

Related Topics:
bonvoyaged.com

Welcome to Bon Voyaged, your gateway to a world of adventure, exploration, and cultural discovery. Whether you're an intrepid globetrotter planning your next big adventure, a travel enthusiast seeking inspiration for your bucket list, or simply someone looking to escape through the wonders of travel from the comfort of your own home, our platform is here to provide you with a wealth of information, tips, and inspiration. Join us in celebrating the beauty and diversity of our world as we share stories, recommendations, and a passion for wanderlust that knows no boundaries.