All Spirit Airlines articles – Page 5
-
News
JetBlue squeezes $57m profit in Q3
Positioning itself to consume a rival low-cost airline amid concerns from federal antitrust regulators, JetBlue Airways has reported a $57 million third-quarter profit.
-
News
JetBlue-Spirit deal approved by Spirit shareholders
Shareholders of Spirit Airlines approved on 19 October JetBlue Airways’ $3.8 billion bid to purchase the low-cost carrier, potentially signalling a dramatic shift in the North American discount airline market.
-
News
Spirit Airlines testifies ‘competition is harmed’ in American-JetBlue antitrust trial
A Spirit Airlines executive denounced the American Airlines-JetBlue Airways partnership in federal court on 30 September – just two months after Spirit agreed to be purchased by low-cost competitor JetBlue.
-
Podcast
Airline Business Podcast: Winter worries, Emirates-United tie-up, Frontier and Blue Air
Graham and Lewis discuss the transition from a positive summer period in terms of demand and - in some cases - profits to an uncertain winter, with a long list of challenges clouding the 2023 outlook.
-
News
JetBlue-Spirit deal will leave Frontier like ‘Southwest in the late ’80s’: CEO
Frontier Airlines’ chief executive insists a JetBlue Airways-Spirit Airlines tie up will give his company a cost advantage better than any a US carrier has enjoyed for decades.
-
News
Spirit Airlines’ shareholders to vote on JetBlue’s acquisition proposal
Spirit Airlines’ shareholders will vote on whether to approve JetBlue Airways’ $3.8 billion bid to purchase the low-cost carrier on 19 October, according to Spirit’s 12 September filing with the US Securities and Exchange Commission (SEC).
-
News
Spirit blames slower recovery on air traffic control issues in Florida
Spirit Airlines is blaming its slower post-Covid recovery in part on air traffic control staffing issues in its home state of Florida.
-
News
Spirit cuts Q2 losses as revenue lift counters rising costs
JetBlue-bound discount carrier Spirit Airlines cut its pre-tax losses for the second quarter to $67.5 million as better than expected revenues helped counter higher fuel costs for the period.
-
News
JetBlue Q2 revenue and costs rise, plans to integrate Spirit underway
JetBlue Airways boosted revenue in the second quarter of 2022 and has begun making preparations to swallow its newest prize, ultra-low-cost carrier Spirit Airlines.
-
Airline Business
JetBlue is last Spirit suitor standing but hurdles still ahead
When it was announced in February that Frontier Airlines intended to buy Spirit Airlines, analysts saw plenty of logic in the move. The airlines share similar business models and fleets, they observed, and might be small enough to avoid too many complications when it came to competition oversight. Crucially, Spirit’s ...
-
News
Norse explores ‘virtual’ interline offering connecting flights to budget carriers
Long-haul low-cost operator Norse Atlantic Airways has tied up with three other budget carriers to extend its network through connecting services. Norse Atlantic is linking with EasyJet and Norwegian in Europe, as well as Spirit Airlines in the USA, to broaden its reach either side of its transatlantic operations. It ...
-
News
Spirit approves acquisition by JetBlue, regulatory approval still uncertain
Spirit Airlines’ board of directors has green lighted JetBlue Airways’ acquisition proposal, a radical reversal from Spirit’s previous plan to be bought by Frontier Airlines.
-
News
Frontier Airlines ‘disappointed’ at collapse of Spirit deal
Frontier Airlines is “disappointed” after ultra-low-cost peer Spirit Airlines decided to terminate a potential tie-up earlier in the day.
-
News
Spirit and Frontier call off proposed merger
Spirit Airlines and Frontier Airlines have agreed to end their merger discussions but Spirit continues to negotiate with JetBlue Airways.
-
News
Spirit again postpones Frontier acquisition vote
Spirit Airlines has again delayed a planned shareholder meeting as it seeks to garner more stockholder support for a planned acquisition by Frontier Airlines.
-
News
Frontier will not sweeten its offer to buy Spirit, asks for delay to shareholder vote
Frontier Airlines says it will not further sweeten its offer to acquire Spirit Airlines and has asked Spirit to consider further delaying a shareholder vote.
-
News
Spirit delays shareholder vote on Frontier deal for the third time
Spirit has delayed its special shareholder meeting to vote on an acquisition bid by Frontier Airlines for the third time.
-
News
Spirit beats out JetBlue for 16 slots at Newark International airport
The US Department of Transportation (DOT) has awarded 16 slots at New York-area Newark Liberty International airport to Spirit Airlines.
-
News
Spirit delays shareholder vote on Frontier bid to 8 July
Ultra-low-cost carrier Spirit Airlines has once again delayed a planned shareholder vote on its potential acquisition to give it more time to negotiate with its two potential suitors, Frontier Airlines and JetBlue Airways.
-
News
JetBlue again ups offer for Spirit
JetBlue Airways has again increased its offer for Spirit Airlines, just days before Spirit’s shareholders are due to vote on a potential tie-up with Frontier Airlines.