JetBlue Offers $3.6 Billion for Spirit in Low-Cost Carrier Battle

JetBlue Offers $3.6 Billion for Spirit in Low-Cost Carrier Battle
A logo of low cost carrier Spirit Airlines on an Airbus plane in Colomiers near Toulouse, France, on Nov. 6, 2018. Regis Duvignau/Reuters
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WASHINGTON—JetBlue Airways said Tuesday it made an unsolicited $3.6 billion bid for Spirit Airlines, potentially snarling merger plans between the ultra-low-cost carrier and Frontier Group Holdings.

JetBlue Chief Executive Officer Robin Hayes said the deal would make the New York-based airline a stronger competitor to the so-called four legacy U.S. airlines that control nearly 80 percent of the U.S. passenger market.