JetBlue’s ‘headscratcher’ bid for Spirit may be bad news for consumers, Wall Street says
April 06, 2022 at 13:59 PM EDT
JetBlue Airways Corp. made its case for buying Spirit Airlines Inc. to Wall Street on Wednesday, but analysts remained concerned that its 'headscratcher' bid could result in a corporate-culture mismatch, struggle to get regulatory approval, and end in higher fares.