All JetBlue Airways articles – Page 8
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News
Spirit delays shareholder vote on Frontier acquisition
In the latest twist in the drama around Frontier Airlines’ proposed acquisition of ultra-low-cost carrier Spirit Airlines, Spirit has delayed a key shareholder vote that had been scheduled for later this week.
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News
JetBlue sweetens offer to purchase Spirit
JetBlue Airways has sweetened its offer to purchase Spirit Airlines by agreeing to pay a $350 million fee if regulators torpedo the deal due to anti-trust reasons.
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News
Frontier adds $250m termination fee to Spirit offer
US operator Frontier Airlines has added a $250 million reverse termination fee to its agreed offer for ultra-low-cost carrier Spirit Airlines in the regulators block the deal.
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Spirit’s planned combination with Frontier faces fresh opposition
Spirit Airlines is facing fresh opposition to its planned acquisition by Frontier Airlines, with investors suing to stop the deal and a management consulting firm recommending against it.
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News
JetBlue accuses Spirit’s board of conflicts of interest
An “entrenched” board of directors with ties to Frontier Airlines is behind Spirit Airlines’ disinterest in a proposed acquisition by JetBlue Airways.
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News
Spirit, JetBlue trade more barbs in takeover saga
JetBlue Airways and Spirit Airlines have traded more barbs as the Spirit board continues to fend off a JetBlue hostile takeover attempt, and move forward with its proposed merger with Frontier Airlines.
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Airline unions favour Spirit-Frontier tie-up
Unions representing US airline workers are voicing support for a Frontier Airlines-Spirit Airlines tie-up, while expressing opposition to JetBlue Airways’ competing hostile offer for the ultra-low-cost carrier.
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News
JetBlue accuses Spirit of bad faith in negotiations
JetBlue Airways has come out swinging against Spirit Airlines just days after launching its hostile takeover plan in an attempt to beat out Frontier Airlines in the increasingly bitter tug-of-war for the Florida-based ultra-low-cost carrier (ULCC).
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News
Spirit will review JetBlue’s new offer, advises shareholders to sit tight
Spirit Airlines says it will review a new hostile takeover offer from JetBlue Airways but advised shareholders to take no action at this time.
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News
JetBlue urges Spirit shareholders to scuttle planned Frontier acquisition
JetBlue Airways has launched another push to take over Spirit Airlines by urging the low-cost carrier’s shareholders to vote against a planned acquisition by Frontier Airlines.
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Airline Business
EasyJet and others act to ensure ‘operational resilience’
EasyJet’s announcement this week that it would be removing six seats from its Airbus A319 jets might seem counterintuitive for a low-cost carrier, but it reflects creative thinking as the sector tackles a troublesome staffing shortage.
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Podcast
Airline Business Podcast: Reining in the recovery and Chinese market reversal
Graham and Lewis discuss big airline expectations from the recent results season, alongside the operational challenges that threaten to limit the recovery and the uncertainty regarding what might follow. And as more of the Asia-Pacific region brings down border restrictions, they consider the impact of China’s continued ‘zero-Covid’ policy on ...
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News
Spirit cites anti-trust ‘red flags’ in rejecting JetBlue bid
A myriad of anti-trust issues convinced Spirit Airlines’ board to reject JetBlue Airways’ offer to acquire it, and to pursue the original proposal from Frontier Airlines.
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Spirit confirms it rejected JetBlue’s offer due to anti-trust concern
Spirit Airlines confirms it declined JetBlue Airways’ takeover bid due to concern that the proposed merger would not receive Department of Justice (DOJ) anti-trust clearance.
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News
Spirit board rejects acquisition by JetBlue, moves ahead with Frontier combination
Spirit Airlines has rejected an acquisition proposal from JetBlue Airways, saying its board of directors favours a competing proposal under which Frontier Airlines would acquire the budget carrier.
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News
JetBlue cuts Q2 capacity growth as it attempts to ‘create resiliency’
JetBlue Airways will cut capacity growth as it looks to “create resiliency” in its operations ahead of what promises to be a busy summer travel season.
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News
Spirit assists antitrust review of Frontier deal as it weighs JetBlue offer
Spirit Airlines is continuing to supply information about its proposed acquisition by Frontier Airlines to the US Department of Justice (DOJ) – even though Spirit has said a competing acquisition offer from JetBlue Airways may be superior.
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Podcast
Airline Business Podcast: Challenging summer capacity ramp-up and the fight for Spirit
Graham and Lewis return to discuss the challenges facing airlines as they ramp-up operations heading into the northern hemisphere summer, notably amid staffing shortages and rising fuel prices. They also take a look at the competition to purchase Spirit Airlines, after JetBlue Airways threw its hat into the ring for ...
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News
Spirit open to discussions with JetBlue about $3.6 billion takeover bid
Spirit Airlines will engage in discussions with JetBlue Airways about the latter’s proposed $3.6 billion all-cash takeover offer.
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News
Spirit’s board to weigh pros and cons of competing offers
While all eyes were on whether regulators would ultimately spoil Frontier Airlines’ planned takeover of Spirit Airlines, JetBlue Airways quietly hatched a spoiler of its own.