George Soros’ fund bets on U.S. leisure travel, with fresh stakes in JetBlue, Spirit, Sun Country

George Soros’ fund bets on U.S. leisure travel, with fresh stakes in JetBlue, Spirit, Sun Country
By: market watch Posted On: February 14, 2024 View: 30

Billionaire investor George Soros’ investment fund has placed new bets on low-cost and ultra-low-cost U.S. airlines, going for fresh stakes in JetBlue Airways Corp., Spirit Airlines Inc. and Sun Country Airlines Holdings Inc., according to a filing late Wednesday.

Soros’ fund, which had invested in JetBlue JBLU in the distant past, has bought more than 370 million shares of the low-cost airline, which recently appealed a court ruling blocking its merger with Spirit.

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