All Spirit Airlines articles – Page 2
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Airline BusinessSpirit at risk of bankruptcy and liquidation as JetBlue deal falls through: TD Cowen
In the wake of a US judge’s decision to block JetBlue Airways’ attempted acquisition of Spirit Airlines, it is unclear how the respective low-cost carriers will chart paths forward.
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NewsUS court blocks JetBlue’s acquisition of Spirit
A US district court ruled on 16 January that JetBlue Airways’ proposed $3.8 billion acquisition of rival low-cost carrier Spirit Airlines cannot proceed, blocking the deal on anti-competitive grounds.
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NewsJetBlue lost $153m in Q3 as air-travel demand failed to keep up
Operational troubles and too many seats in the USA pushed JetBlue Airways to a $153 million loss in the third quarter of 2023, prompting the airline to trim its capacity.
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NewsSpirit Airlines posts ‘disappointing’ third-quarter results on price weakness
Spirit Airlines lost $158 million in the third quarter of 2023 as the carrier experienced price weakness in its core markets.
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NewsSpirit grounded A320s for airframe bracket inspections: FAA
The inspections that recently grounded 25 Spirit Airlines’ jets and caused dozens of flight cancellations across the carrier’s network involve potential fatigue cracking around airframe brackets on Airbus A320-family aircraft.
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NewsSpirit cancels dozens of flights to inspect 25 A320-family jets
The Florida-based carrier asserts that the cancellations are related to inspecting “a small section” of its aircraft, and that it is working to make arrangements for affected customers.
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NewsCourt trial in US government’s JetBlue-Spirit case delayed
JetBlue Airways will defend its proposed $3.8 billion acquisition of Spirit Airlines in US district court one week later than expected.
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NewsAmerican appeals court ruling against collaboration with JetBlue
American Airlines has appealed a court ruling that struck down its so-called ”Northeast Alliance” (NEA) with JetBlue Airways, the Fort Worth-based airline said on 25 September.
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NewsJetBlue-Spirit trial could be delayed by looming US government shutdown
The US Department of Justice’s antitrust trial to block low-cost carrier JetBlue Airways’ acquisition of Spirit Airlines could be delayed if the federal government shuts down for more than two weeks.
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NewsSpirit reduces Q3 revenue forecast due to fuel cost bump
Ultra-low-cost carrier Spirit Airlines has become the latest US airline to lower its third-quarter revenue forecast based on higher-than-expected fuel costs.
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NewsJetBlue decries ‘startling switch in positions’ in federal antitrust lawsuits
JetBlue Airways has accused the US Department of Justice of “taking inconsistent positions” in respective lawsuits to break up JetBlue’s Northeast Alliance with American Airlines and block its proposed acquisiton of Spirit Airlines.
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NewsJetBlue commits some Spirit assets in Northeast USA and South Florida to Allegiant
JetBlue Airways has entered a second divestiture agreement with a rival low-cost carrier – this time, Allegiant Air – as part of its bid to acquire Spirit Airlines.
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NewsJetBlue seeks ‘serious sanctions’ following redaction error in Spirit-merger lawsuit
JetBlue Airways continues fiercely pushing back against claims that it intends to hike prices by up to 40% on Spirit Airlines’ aircraft after its proposed acquisition of the rival carrier is finalised.
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NewsTropical Storm Idalia growing into hurricane, poised to impact airports in Florida
Tampa International airport will be closed on 29 August due to fast-moving Tropical Storm Idalia, which is expected to gain force and become a Category 3 hurricane before making landfall in Florida.
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NewsJetBlue pushes back on reports that it plans to hike fares 40% after acquiring Spirit
JetBlue Airways is pushing back on media reports that it plans to raise fares after completing its proposed $3.8 billion acquisition of Spirit Airlines.
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NewsCourt filing reveals JetBlue plan to hike fares after acquiring Spirit: report
A failure to properly redact sections of court documents has seemingly revealed JetBlue Airways’ plans to hike fares as high as 40% on Spirit Airlines aircraft following its proposed acquisition of the ultra-low-cost carrier.
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NewsSpirit Airlines sees ‘softer’ summer demand; posts Q2 loss
Ultra low-cost carrier Spirit Airlines says summer travel demand was “softer than expected” as travellers chose more long-haul international destinations than domestic ones, while on-time performance suffered under air traffic challenges and instable summer weather.
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NewsAmerican, JetBlue make Northeast Alliance break-up official
US carriers American Airlines and JetBlue Airways will terminate their Northeast Alliance (NEA) at the end of July.
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NewsJetBlue agrees to give Spirit’s LaGuardia assets to Frontier
As part of its bid to acquire Spirit Airlines, New York-based JetBlue Airways has entered a divestiture agreement to give Spirit’s gates and slots at New York’s LaGuardia airport to rival ultra-low cost carrier Frontier Airlines.
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NewsJudge orders JetBlue-American ‘Northeast Alliance’ dissolved
The US Department of Justice (DOJ) has won its lawsuit against American Airlines and JetBlue Airways, with a judge ordering the carriers to unwind their so-called “Northeast Alliance” (NEA).