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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Spirit Airlines (NYSE: SAVE ) stock is trending again today on news that a bidding war for the airline is heating up. Source: Markus Mainka / Shutterstock.com SAVE stock rose 22% yesterday to close at $26.92 aft...
The stock market has been on pins and needles lately, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) enduring its second 20% drop in two years. Although the index has recovered admirably in the past month, investors seem to remain on edge, and that showed up in Wednesday's premarket...
A potential merger deal in the airline space generated a lot of chatter in Wednesday's pre-market action. Spirit Airlines (NYSE:SAVE) gave up some of Tuesday's sharp advance amid potential questions about a takeover offer from JetBlue (JBLU). In other news, Avis Budget Group (CAR) also edged ...
The airline sector is still buzzing over the $3.6B offer by JetBlue Airways Corporation (NASDAQ:JBLU) for Spirit Airlines (NYSE:SAVE). Bank of America thinks the biggest rationale for the deal is the increased scale for JetBlue (JBLU) due to the nearly all Airbus fleet for both airlines, as w...
Spirit Airlines obtains a surprise offer from JetBlue for $33/share in cash. The airline is already working towards closing a deal with Frontier to build a powerhouse in the ULCC sector. A shareholder wins with either deal, though the Frontier deal has superior upside potential wi...
Is a new merger about to happen in the airline industry? That seems a likely possibility, as on Tuesday JetBlue (NASDAQ: JBLU) submitted a proposal to acquire budget carrier Spirit Airlines (NYSE: SAVE) . As often happens in takeover offers, the stock price of the offeri...
All-Cash Offer of $33 Per Share Represents a 52% Premium to Spirit’s Undisturbed Share Price on February 4, 2022, and a 50% Premium to Spirit’s Closing Price on April 4, 2022 Travelers Shouldn’t Have to Choose Between a Low Fare and a Great Experience; Acc...
Spirit Airlines (NYSE:SAVE) confirmed that it received an unsolicited acquisition offer from JetBlue Airways (NASDAQ:JBLU) at $33 per share. The company said the board will work with its financial and legal advisors to evaluate JetBlue's (JBLU) proposal and pursue the course of acti...
Spirit Airlines Confirms Receipt of Unsolicited Proposal from JetBlue Airways PR Newswire MIRAMAR, Fla. , April 5, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today announced that it has received an unsolicited proposal...
Boston’s #1 Airline Advances its Northeast and Transatlantic Growth Strategies, Becoming the Only Carrier to Fly Daily Between New England and Two London Airports Roundtrip Fares Between Boston and London On Sale Today Starting at $1,949 and £1,449 in Mint® an...
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JetBlue Airways (Nasdaq:JBLU) today announced the appointment of Jamie Perry as president of the airline’s JetBlue Travel Products subsidiary. Perry will lead the growth of the JetBlue Vacations brand and other non-air travel products including Paisly, JetBlue’s homegrown travel web...
JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (Nasdaq:...
2024-07-30 14:30:15 ET Image source: The Motley Fool. JetBlue Airways (NASDAQ: JBLU) Q2 2024 Earnings Call Jul 30, 2024 , 10:00 a.m. ET Operator Continue reading For further details see: JetBlue Airways (JBLU) Q2 2024 Earnings Call Transcript