JetBlue buys Spirit for $3.8 billion
JetBlue is buying Spirit Airlines for $3.8 billion, creating the nation's fifth largest airline.
Share:
More Stories
1:58
Residents learn more about $12.9M facelift proposal for Nanuet Public Library
3h ago0:29
Police: 2 people shot in Newburgh
3h ago2:09
Emergency sewer repair project in Greenburgh stinks – but it’s necessary, officials say
3h ago0:26
Man charged with plotting shooting at a New York Jewish center on anniversary of Oct. 7 Hamas attack
8h ago2:07
Doctors urge men to get screened during Prostate Cancer Awareness Month
9h ago0:53
Nearly $2 million to fund intelligence center, body cameras for Orange County law enforcement
12h ago1:58
Residents learn more about $12.9M facelift proposal for Nanuet Public Library
3h ago0:29
Police: 2 people shot in Newburgh
3h ago2:09
Emergency sewer repair project in Greenburgh stinks – but it’s necessary, officials say
3h ago0:26
Man charged with plotting shooting at a New York Jewish center on anniversary of Oct. 7 Hamas attack
8h ago2:07
Doctors urge men to get screened during Prostate Cancer Awareness Month
9h ago0:53
Nearly $2 million to fund intelligence center, body cameras for Orange County law enforcement
12h agoJetBlue is buying Spirit Airlines for $3.8 billion, creating the nation's fifth largest airline.
The agreement Thursday comes a day after Spirit's attempt to merge with Frontier Airlines fell apart.
JetBlue will acquire Spirit for $33.50 per share in cash, including a prepayment of $2.50 per share in cash payable once Spirit stockholders approve the transaction. There's also a ticking fee of 10 cents per month starting in January 2023 through closing.
The combined airline will have a fleet of 458 aircraft. The airlines will continue to operate independently until after the transaction closes.
More from News 12
2:09
Emergency sewer repair project in Greenburgh stinks – but it’s necessary, officials say
1:57
Chilly morning, pleasant afternoon Sunday in the Hudson Valley
0:53
Nearly $2 million to fund intelligence center, body cameras for Orange County law enforcement
2:00
Dobbs Ferry neighbors unite to protect wooded area
2:07
Doctors urge men to get screened during Prostate Cancer Awareness Month
1:50
