Spirit and jetBlue will discuss merger despite Spirt’s previous agreement with Frontier

Throughout Thursday, I had sources tell me despite almost universal claims from analysts that a Spirit and jetBlue merger is a bad deal, the board of Spirit had a fiduciary duty to see what wiggle room they had in the binding merger agreement with Frontier to open discussions with jetBlue.

Early this morning, we got confirmation that in fact merger discussions will take place between the two carriers.

So the saga continues and we will continue to closely follow it here at TFS.

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