All Spirit Airlines articles – Page 8
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NewsSpirit 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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NewsSpirit’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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NewsJetBlue: 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 BusinessJetBlue 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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NewsFrontier 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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NewsSpirit 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 BusinessFrontier 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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NewsUS 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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NewsSpirit 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 BusinessDoes 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 BusinessFrontier-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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NewsFrontier 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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NewsFrontier 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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NewsSpirit ‘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.
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NewsSpirit logs $15m Q3 profit despite widespread flight disruptions
Buoyed by government aid and despite several days of severe operational disruption, Spirit Airlines turned a $14.8 million profit in the third quarter of 2021.
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NewsSpirit sticks with PW1100Gs for another 100 A320neo-family jets
US discounter Spirit Airlines is sticking with Pratt & Whitney geared turbofans to power at least another 100 incoming Airbus A320neo-family jets.
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NewsSpirit agrees to lease 20 A320neos from AerCap
AerCap has signed agreements to lease 20 new Airbus A320neo aircraft to US carrier Spirit Airlines.
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NewsJetBlue and Spirit vie for 16 available Newark slots
JetBlue Airways and Spirit Airlines have applied with the US Department of Transportation to received more than a dozen newly available take-off and landing slots at Newark Liberty International airport.
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NewsSpirit’s operational meltdown cost $50m; expects Q3 loss
Spirit Airlines has cut its third-quarter revenue expectations after cancelling thousands of flights due to weather and staffing issues.