All Spirit Airlines articles – Page 7
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News
Spirit Airlines doubles revenue in Q1, saw ‘dramatic improvement’
Spirit Airlines doubled sales in the first quarter as demand trends showed a “dramatic improvement” in the later part of the period.
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News
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
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.
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News
JetBlue: Spirit acquisition helps its Northeast Alliance case with DOJ
In the wake of its proposed takeover of Spirit Airlines, JetBlue Airways finds itself peppered with questions about how such a move will affect its nascent “Northeast Alliance” (NEA) with American Airlines.
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Airline Business
JetBlue would dismantle Spirit as ultra-low-cost competitor, become ‘larger JetBlue’
JetBlue Airways is pitching its proposed acquisition of ultra-discounter Spirit Airlines as a means to compete better against the four largest US airlines – carriers that through their own mergers now control some 80% of the US market.
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News
‘Robin didn’t mention it at dinner’: IATA chief surprised by JetBlue bid for Spirit
IATA director general Willie Walsh had more reason than most to be surprised by JetBlue Airways’ bid for Spirit Airlines this week, coming as it did after he shared several hours with the suitor’s chief executive Robin Hayes days earlier.
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News
Frontier slams JetBlue’s unsolicited bid for Spirit Airlines
Frontier Airlines says JetBlue Airways’ unsolicited surprise offer to buy ultra-low-cost rival Spirit Airlines will make for higher fares and less competition.
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News
Spirit confirms JetBlue makes surprise $3.6bn bid for outstanding shares
JetBlue Airways has made an unsolicited bid to purchase all of Spirit Airlines’ outstanding stock in an all-cash transaction, throwing into doubt Spirit’s $6.6 billion planned merger with Frontier Airlines.
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Airline Business
Frontier and Spirit race toward merger with massive expansion
Since their 7 February 2022 merger announcement, ultra-low-cost carriers (ULCCs) Frontier Airlines and Spirit Airlines have been racing towards the wedding altar. They are busy preparing for their combination, working along an ambitious timeline of closing in the second quarter of this year.
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News
US lawmakers urge scrutiny of Frontier-Spirit deal
A group of progressive US lawmakers is asking competition watchdogs to take a closer look at Frontier Airlines’ plans to acquire low-cost-carrier rival Spirit Airlines.
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News
Spirit to open crew bases in Miami and Atlanta
Spirit Airlines will open two new pilot and flight attendant bases in Miami and Atlanta this year, as it adds aircraft and routes.
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Airline Business
Does Frontier-Spirit merger herald wider airline consolidation trend?
The unique circumstances around the Frontier Airlines-Spirit Airlines merger mean it is debatable whether it has anything to say about prospects for wider consolidation in the global airline industry.
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Airline Business
Frontier-Spirit deal solves several issues in hotly contested ULCC market: analysts
Analysts say Frontier Airlines’ proposed acquisition of Spirit Airlines to create the largest ultra-low-cost carrier (ULCC) in the USA solves a number of potential issues in the hotly-contested low-price segment, which has been ripe for consolidation.
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News
Frontier pitches Spirit acquisition as countering USA’s four mega airlines
Frontier Airlines expects its planned acquisition of Spirit Airlines will generate hundreds of millions of dollars in efficiencies and give the combined carrier the scale needed to better compete against the USA’s four mega airlines.
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News
Frontier Airlines to buy and merge with low-cost rival Spirit Airlines
Frontier Airlines is to acquire and merge with US ultra-low-cost carrier rival Spirit Airlines in a $6.6 billion deal announced today. Under the terms of the merger agreement, which has been unanimously approved by both companies’ boards of directors, Spirit is valued at $2.9 billion and the transaction has a ...
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News
Spirit ‘learning’ from its operational meltdown
Spirit Airlines executives say they learned much from the airline’s operational woes last summer, and that they will add staff and cut routes to prevent recurrences.