JetBlue and Spirit Terminate Merger Agreement

A merger agreement between JetBlue, Spirit Airlines has been called off mostly due to regulatory roadblocks.

A JetBlue Airways Airbus A320 passes a Spirit Airlines Airbus A320 as it taxis on the runway at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla., on July 7, 2022. Wilfredo Lee/AP Photo

JetBlue Airways and Spirit Airlines said on March 4 that they’re terminating their merger agreement, citing an inability to finalize closing conditions by the deadline as well as regulatory obstacles.

The companies “continue to believe in the procompetitive benefits of the combination,” but they mutually agreed to cancel the planned deal, JetBlue said in a statement.