JetBlue Announces $3.6 Billion Offer for Spirit, Topping Previously Announced…
Following reports by the New York Times earlier Tuesday, JetBlue announced this afternoon that it had submitted a $3.6 billion all-cash offer for Miramar, Fla.-based Spirit Airlines, putting the New York-headquartered carrier in direct competition with Frontier Airlines — the ultra-low-cost carrier with which Spirit had agreed to merge earlier…