Spirit Airlines Inc
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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JetBlue CEO Robin Hayes to step down in February, COO Joanna Geraghty to take helm
Robin Hayes, chief executive officer of JetBlue Airways Corp, speaks to guests following the airline’s inaugural flight from John F. Kennedy (JFK) Airport in New York, U.S, to London Heathrow Airport (LHR) in London, U.K., on Thursday, Aug. 12, 2021. Chris J. Ratcliffe | Bloomberg | Getty Images JetBlue CEO Robin Hayes will step down […]
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From FedEx to airlines, companies are starting to lose their pricing power
Pedestrians carrying Nike and Allbirds shopping bags in the SoHo neighborhood of New York on Oct. 24, 2021. Nina Westervelt | Bloomberg | Getty Images After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the limits of their pricing power. Shipping giant FedEx last week […]
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