JetBlue, Spirit Airlines terminate merger agreement ...Middle East

JetBlue Airways and Spirit Airlines announced Monday that they have terminated their merger agreement after a federal judge blocked it nearly two months ago. The airlines, in two separate statements, announced they reached an agreement to terminate the merger announced in July, 2022, calling it the “best path forward.”  JetBlue said the necessary legal and regulatory approvals were unlikely to be reached by the merger agreement’s deadline in July of this year.  “We believed this merger was worth pursuing because it would have unleashed a national low-fare, high-value competitor to the Big Four airlines,” JetBlue CEO Joanna Geraghty said Monday. “We are proud of the work we did wi

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