JetBlue seems determined to get its deal done to acquire Spirit. A previous attempt to acquire Virgin American floundered as Alaska Airlines outbid it. More recently, JetBlue’s deal with American had to be abandoned. These experiences seem to reinforce JetBlue’s determination not to lose Spirit.
This determination looks like running into a wall erected by the US Department of Justice (DOJ). JetBlue has taken several steps to win over the decision-making power. It has agreed to sell Boston and Newark slots Spirit owns to Allegiant. JetBlue has also given its flight attendants a pay bump to win them over.
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