JetBlue Airways Corp. JBLU and Frontier Group Holdings Inc. ULCC said late Thursday that they have reached an agreement in which JetBlue will divest all of the holdings of Spirit Airlines Inc. SAVE at New York’s LaGuardia airport to Frontier in connection with JetBlue’s planned merger with Spirit. JetBlue emerged victorious earlier this year for ultra-low cost Spirit after a fight with Frontier. The Justice Department has sued to block the merger, saying it would eliminate competition and saddle travelers with higher air fares. The divestitures at LaGuardia are contingent to the closing of the deal and subject to other…
