Spirit Airlines (SAVE) has released an update.
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JetBlue Airways Corporation has notified Spirit that certain conditions of their Merger Agreement may not be met by the specified deadline, which could lead to the agreement being terminable on or after January 28, 2024. Despite this, JetBlue is still reviewing its options and intends to fulfill its obligations under the agreement for now. Spirit, on the other hand, sees no grounds for termination and expects JetBlue to meet its commitments as per the agreement.
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