Spirit Airlines Shareholders Approve $3.8 Billion Sale to JetBlue
A JetBlue Airways Airbus A320 (L) 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
Spirit Airlines shareholders voted Wednesday to accept a $3.8 billion buyout from JetBlue Airways, but the deal could still face a challenge from federal antitrust regulators.
JetBlue emerged as the winner in a bidding war with Frontier to acquire Spirit, the nation’s biggest budget airline.