JetBlue is willing to shell out $3.6 billion for discount airline Spirit because it wants to take on bigger carriers - CNBC

JetBlue's bid for discount airline Spirit confounded some analysts.

JetBlue on Wednesday said its $3.6 billion all-cash bid for ultra-low cost carrier Spirit Airlines would help it grow across the country and better compete against larger airlines. The bid, which Sp… [+2639 chars]

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