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Spirit Airlines will talk to JetBlue about takeover bid

Spirit Airlines will talk to JetBlue about takeover bid

ABC News
Friday, April 08, 2022 04:13:31 AM UTC

The fight for Spirit Airlines is heating up again

DALLAS -- Spirit Airlines said late Thursday that it will talk to JetBlue Airways about its $3.6 billion bid to combine the two airlines, which appeared to leapfrog an earlier offer by Frontier Airlines.

Spirit said that after speaking with financial and legal advisers, its directors believe JetBlue's offer could “reasonably” turn out to be the better of the two deals.

JetBlue said it looked forward to completing a deal, calling itself “the best partner for Spirit.”

Frontier did not comment immediately.

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