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In a surprising turn of events, budget airlines JetBlue and Spirit have officially announced the termination of their planned merger. The decision comes in the wake of a recent federal antitrust lawsuit that dealt a significant blow to their multi-billion-dollar agreement. The termination marks a pivotal moment in the airline industry and raises questions about the future landscape of budget carriers in the U.S.
Budget airlines JetBlue and Spirit are agreeing to terminate their planned merger. Liz Warner reports.
The dissolution of the Spirit and JetBlue merger follows a federal antitrust lawsuit that challenged the. . .