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    Merger Frenzy: Analyzing the Mad Dash Towards Airline Consolidation

    March 29, 2024By Jose Rodriguez-Lage

      On July 28, 2022, JetBlue Airways Corporation (“JetBlue”), the sixth largest airline in the United States, announced that it had executed a final merger agreement with Spirit Airlines, Inc. (“Spirit”), the seventh largest domestic carrier, pursuant to which JetBlue would pay $3.8 billion to acquire Spirit.[i]  Both airlines are low-cost carriers, with Spirit being […]

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