All Frontier Airlines articles – Page 3
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NewsSpirit 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.
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NewsIncreasing demand for discount travel boosts Frontier’s Q2 earnings
Frontier Group posted record revenue growth during the second quarter as demand for discount travel booms.
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NewsFrontier 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.
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NewsSpirit 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.
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NewsSpirit 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.
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NewsFrontier 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.
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NewsSpirit 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.
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NewsSpirit 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.
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NewsJetBlue 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.
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NewsSpirit Airlines’ board recommends shareholders approve richer Frontier bid
Spirit Airlines has recommended shareholders approve Frontier Airlines’ increased acquisition offer after Frontier sweetened the deal by $2 per share, and raised its reverse termination fee to $350 million.
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NewsJetBlue hikes Spirit acquisition offer to $3.6 billion
JetBlue Airways has upped to $33.50 per share its offer to purchase ultra-low-cost carrier (ULCC) Spirit Airlines, bringing the value of its proposal to about $3.64 billion.
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NewsSpirit 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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NewsJetBlue 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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NewsFrontier 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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NewsSpirit’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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NewsJetBlue 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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NewsSpirit, 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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NewsAirline 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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NewsJetBlue 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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NewsSpirit 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.