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JetBlue wants to buy Spirit for parts β gates, slots (though theyβd divest many of those), pilots and planes. And theyβre willing to pay $400 million for the chance to get the deal to close in the face of government opposition.
Meanwhile the most likely way to get regulatory approval is to trade the American Airlines joint venture, which the federal government is also opposing. If they can make that deal quickly, they can presumably have Spirit.
This was published by BoardingArea, to read the complete post please visit https://viewfromthewing.com/frontier-loses-its-bid-to-acquire-spirit-looks-like-spirit-jetblue-is-next/.