Shares of Spirit Airlines (SAVE) are up 2.5% or approximately 46c to $18.10 per share after JetBlue (JBLU) announced it will end a JV with American Airlines (AAL) in Boston and New York area to “focus” on merger with Spirit.
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Read More on SAVE:
- JBLU Stock Slides as American Airlines Partnership Falters
- JetBlue (NASDAQ:JBLU) Abandons AAL Deal, Sticks to Spirit
- JetBlue to turn ‘even more focus’ on Spirit combination after NEA termination
- Spirit Airlines call volume above normal and directionally bullish
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