04/05/2026
Travel is only possible if you can get there.
Scoop: JetBlue insider tells MeidasTouch that if the merger with Spirit Airlines went through, both companies would likely be out of business today.
A little over two weeks ago, JetBlue founder Dave Neeleman warned the airline could go bankrupt this year. And it gets worse. He said that nobody would likely buy the whole entity because of the company’s whopping $9 billion in debt.
Our source tells us that if the Spirit merger had been allowed, rising fuel prices due to the Iran war would have quickly thrown the entirety of the new entity into a “death spiral.” And any attempts for JetBlue to raise prices on the budget airline would have likely only worsened the pain due to current economic conditions for Spirit customers.
Despite JetBlue being protected, for now, by not taking on Spirit’s liabilities, the company is by no means safe. The company has not been profitable for years, and skyrocketing fuel prices are rapidly taking a toll on the airline.
Yet in some markets, such as Fort Lauderdale, Florida, Spirit’s collapse has allowed JetBlue to fill the void. We are told the airline plans to introduce 11 new routes from the airport beginning in July.
This remains a precarious situation.