• Spirit Merges with JetBlue

    POSTED October 20, 2022

Transaction is expected to close no later than the first half of 2024.

Spirit Airlines Inc. of Miramar, Florida, announced that its stockholders approved a merger agreement with JetBlue Airways Corp. of Long Island City, New York. 

Ted Christie, president and CEO of Spirit Airlines, says, “This is an important step forward on our path to closing a combination that will create the most compelling national low-fare challenger to the dominant U.S. carriers. We look forward to continuing our ongoing discussions with regulators as we work toward completing the transaction and delivering value to team members, guests, and stockholders."

The completion of the transaction is subject to customary closing conditions, including receipt of required regulatory approvals. Spirit and JetBlue expect to conclude the regulatory process and close the transaction no later than the first half of 2024.

Barclays and Morgan Stanley & Co. LLC are serving as financial advisors to Spirit, and Debevoise & Plimpton LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are serving as legal advisors.


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Development and hospitality management expert brings more than 30 years of experience to Virgin Hotels.