Federal judges blocked JetBlue’s partnership with American Airlines and later a planned purchase of Spirit Airlines.
The unconfirmed combination could hold benefits for both carriers, but would likely encounter significant regulatory hurdles.
3hon MSN
Spirit Airlines (NK) is backpedaling on its once-touted “fee-free” promise. The Miramar, Florida-based airline has lowkey ...
Spirit’s approval comes after the third merger attempt by Denver-based ULCC Frontier Airlines, part of a back-and-forth ...
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process ...
While the strong brand and loyal customer base make a full closure unlikely, the pool of investors who will be able to pull ...
A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private ...
4d
TravelPulse on MSNCourt Approves Spirit Airlines’ Reorganization PlanThe United States Bankruptcy Court for the Southern District of New York approved the plan, which equitizes “$795 million of funded debt, receive $350 million in new equity investment and issue $840 ...
Following the collapse of two major deals, JetBlue is in talks with multiple carriers to strengthen its competitive position ...
A federal judge blocked JetBlue's planned purchase of Spirit Airlines last year. Another judge ruled the carrier's partnership with American Airlines was anticompetitive. JetBlue Airways is ...
Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the ...
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