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JetBlue and Spirit Airlines Abandon $3.8 Billion Merger After Regulatory Hurdles

Video Credit: Veuer - Duration: 00:49s - Published
JetBlue and Spirit Airlines Abandon $3.8 Billion Merger After Regulatory Hurdles

JetBlue and Spirit Airlines Abandon $3.8 Billion Merger After Regulatory Hurdles

JetBlue and Spirit Airlines have officially called off their $3.8 billion merger after facing insurmountable regulatory challenges.

The decision follows a federal judge's blockage of the deal two months ago, citing concerns over reduced competition and potential consumer harm.

Veuer’s Maria Mercedes Galuppo has the story.


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