JetBlue Airways Corp
Airline stocks rise as United kicks off busy earnings week
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines shares rose about 4% on Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter. The carrier hit its full-year adjusted earnings target of between $10 […]
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Spirit Airlines shares extend rebound after it appeals ruling blocking JetBlue merger
Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images Spirit Airlines shares jumped about 10% Monday after the budget carrier and JetBlue said after the market closed on Friday they would appeal a federal judge’s ruling […]
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How Spirit Airlines' uncertain long term could increase value and pressure to journey across The usa
Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Tuesday, Oct. 24, 2023. Spirit Airlines Inc. is scheduled to release earnings figures on October 26. Photographer: Eva Marie Uzcategui/Bloomberg by way of Getty Visuals Bloomberg | Bloomberg | Getty Photos A federal judge’s order blocking a $3.8 billion-greenback offer […]
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JetBlue and Spirit appeal judge's ruling that blocks their proposed merger
Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images JetBlue Airways and Spirit Airlines on Friday said they are appealing a federal judge’s ruling earlier this week that blocks the two carriers’ planned merger on antitrust […]
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JetBlue to minimize some routes as it pushes for profitability
The JetBlue drop-off location at New York’s LaGuardia Airport on Oct. 31, 2023. Leslie Josephs/CNBC JetBlue Airways instructed staff members this 7 days that it will cut some routes and support as it struggles to return to profitability and grapples with the fallout of its blocked program to buy Spirit Airways. JetBlue explained it will […]
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Why the JetBlue-Spirit antitrust ruling doesn't spell doom for an Alaska-Hawaiian merger
Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu Agency | Getty Images President Joe Biden’s Justice Department has successfully had two airline linkups halted in court in recent months. That doesn’t necessarily spell […]
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Spirit Airlines jumps 20% after raising fourth-quarter forecast
Spirit Airlines jetliners on the tarmac at Fort Lauderdale Hollywood International Airport. (Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via Getty Images) Joe Cavaretta | South Florida Sun-sentinel | Getty Images Spirit Airlines on Friday raised its financial forecast for the fourth quarter of 2023, sending shares soaring more than 20% after a rout earlier […]
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Failed JetBlue takeover could force Spirit to slash fares, restructure as carrier grasps for a path
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines is on shaky footing after JetBlue Airways‘ proposed $3.8 billion takeover of the budget carrier was blocked by a federal judge this […]
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Spirit Airlines shares sink 20% in second day of losses after judge blocks JetBlue merger
JetBlue Airways planes are seen near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on May 16, 2022. Joe Raedle | Getty Images News | Getty Images Shares of Spirit Airlines fell about 23% Wednesday, its second day of double-digit losses, after a judge blocked its proposed merger with JetBlue […]
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Judge blocks JetBlue-Spirit merger just after DOJ's antitrust problem
LaGuardia Global Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC A federal judge blocked JetBlue Airways‘ invest in of budget rival Spirit Airways, a big gain for Biden’s Justice Division, which sued to end the merger, alleging it would drive up fares for some of the most price-delicate […]
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