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In March 2022, Frontier and Spirit announced a merger. Shortly after, JetBlue announced its intention to buy Spirit Airlines. Please research to answer the following

In March 2022, Frontier and Spirit announced a merger. Shortly after, JetBlue announced its intention to buy Spirit Airlines. Please research to answer the following questions.

a. What is the transaction value for each transaction?

b. What strategic benefits can you identify for the Frontier-Spirit merger?

c. What strategic benefits can you identify for the JetBlue-Spirit merger?

d. What are the key risks and hurdles that may impede any of these mergers from happening?

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