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As airlines continue to struggle through the uncertainties and challenges of the pandemic, Spirit Airlines and Frontier Airlines, two of the biggest low cost carriers, have agreed to a merger that would allow them to set the terms of discount air travel across the U.S., Latin America and the Caribbean.
The proposal is valued at $6.6. billion and is dependent on passing U.S. antitrust muster. It’s no done deal, as the Biden administration has been taking a harder line on mergers than its recent predecessors.
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