JetBlue launches hostile takeover bid for Spirit Airlines
LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York.Leslie Josephs | CNBCJetBlue Airways launched a hostile takeover bid of Spirit Airlines on Monday after that carrier rejected JetBlue's $33 per share, all-cash offer earlier this month.JetBlue has said acquiring Spirit would give it access to a large fleet of Airbus planes, trained pilots and the ability to better compete against the "Big Four" U.S. airlines that control most of the U.S. market. Spirit rejected the offer to stick with a…