JetBlue and Allegiant Forge a Landmark Divestiture Agreement Amplifying Ultra-Low-Cost Carrier Growth
In a strategic move that promises to reshape the aviation landscape, JetBlue Airways Corporation (Nasdaq: JBLU) and Allegiant (Nasdaq: ALGT) have entered into a definitive agreement that will see a significant transfer of holdings from Spirit Airlines, Inc. (NYSE: SAVE) to Allegiant.