Jetblue CEO Says We Are Not Interested In Revisiting Spirit Airlines Acquisition; Says Would Consider Spirit Assets That May Be Sold
Portfolio Pulse from Benzinga Newsdesk
JetBlue's CEO announced that the company is not interested in revisiting the acquisition of Spirit Airlines but would consider acquiring Spirit's assets if they are sold.
October 29, 2024 | 2:37 pm
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POSITIVE IMPACT
Spirit Airlines may sell some of its assets, which JetBlue is interested in acquiring.
Spirit Airlines' potential asset sale could attract interest from JetBlue, possibly impacting Spirit's asset valuation positively.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
JetBlue is not pursuing a renewed acquisition of Spirit Airlines but is open to acquiring Spirit's assets if they become available.
JetBlue's decision not to pursue Spirit Airlines acquisition again suggests stability in its current strategy, but openness to Spirit's assets indicates potential for strategic asset acquisition.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80