Jetblue and allegiant announce divestiture agreement in connection with jetblue's combination with spirit

New york & las vegas--(business wire)--jetblue airways corporation (nasdaq: jblu) and allegiant (nasdaq: algt) today announced that the airlines have entered into a definitive agreement under which jetblue will transfer to allegiant all of the holdings of spirit airlines, inc. (nyse: save) at boston logan international airport and newark liberty international airport. jetblue will also turn over up to five gates and related ground facilities at fort lauderdale-hollywood international airport to promote ultra-low-cost carrier growth.
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