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JetBlue Creditors Call In Restructuring Advisers As Stock, Bonds Crater
JetBlue Creditors Call In Restructuring Advisers As Stock, Bonds Crater A federal judge blocked JetBlue Airways' $3.8 billion takeover of Spirit Airlines during the Biden administration to protect consumers. That supposedly brilliant decision is now looking increasingly disastrous for both airlines and the passengers it was meant to protect. First, Spirit Aviation shuttered all operations earlier this year, stunning travelers with the abrupt move after 34 years of offering some of the most deeply discounted fares. Now, JetBlue could be on a similar trajectory, as the carrier's sh