Stock Groups

Spirit Airlines shares spike 20% on report JetBlue has made bid to buy airline

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Takeoff from Denver International Airport, Colorado on Monday February 7, 2022 by Spirit Airlines aircraft taxis

Michael Ciaglo | Bloomberg | Getty Images

The shares of Spirit AirlinesOn Tuesday, the stock market surged 22% after receiving a report. JetBlue AirwaysA bid was made for the budget airline.

Spirit trading was suspended before market close.

Reporting on JetBlue’s Bid, The New York TimesThis is less than 2 months after budget rival Spirit. FrontierAirlines agreed that they would combine.

CNBC did not immediately respond to JetBlue, Spirit and Frontier.

This is the latest news. Stay tuned for new updates.

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