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The airline industry received some attention this week probably due to Delta Air Lines’ ( NYSE:DAL ) expression of interest in acquiring Spirit Airlines ( NYSE:SAVE ). Some counters including American Airlines Group ( NASDAQ:AAL ) and JetBlue Airways Corporation ( NASDA...
This week, JetBlue Airways (NASDAQ: JBLU) made public its plan to try to disrupt the planned merger between Frontier Group Holdings (NASDAQ: ULCC) and Spirit Airlines (NYSE: SAVE) . But bidding wars tend to work out better for the targets than for the bidders, and in...
JetBlue is prepared to pay $3.6 billion for Spirit Airlines. Offer casts doubt on Spirit-Frontier merger. Bidding war possible. Integration path difficult for JetBlue, but there is reason to bid for Spirit. For further details see: A Blow To The Spirit-Frontier Mega Merg...
Stocks fell on Wednesday amid ongoing concerns that the Federal Reserve will rachet up its tightening of monetary policy even faster than previously thought. The Nasdaq led the retreat with its second consecutive decline of more than 2%, recording its lowest close in two weeks. The S&P 50...
JetBlue Airways (NASDAQ: JBLU) wants to buy Spirit Airlines (NYSE: SAVE) , and analysts are not sure what to think of the offer. On Wednesday, investors reacted by sending shares of JetBlue down as much as 9.6% as of 1 p.m. ET. It's been a rough few years for the airli...
Stephens has initiated coverage of five large cap payment providers, rating Block (NYSE:SQ -7.8%) Global Payments (GPN -0.9%) and Fidelity National Information Services (FIS -1.4%) at Overweight and PayPal (NASDAQ:PYPL -5.3%) and Fiserv (FISV -0.1%) at Equal Weight. Block ...
Late in the day on Tuesday, Spirit Airlines (NYSE: SAVE) shares jumped more than 20% after word leaked that JetBlue Airways (NASDAQ: JBLU) had submitted a bid to buy the discount airline. Overnight, analysts voiced some skepticism about the bid, causing shares of Spirit to f...
Spirit Airlines Incorporated ( NYSE: SAVE ) jumped more than 25% on Wednesday after JetBlue Airways Corporation ( NASDAQ: JBLU ) said it wanted to buy the ultra-low-cost carrier for $3.60 billion in cash. JetBlue could become the fifth largest U.S. airline The proposal trans...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips After agreeing to merge earlier this year with Frontier Airlines (NASDAQ: ULCC ), Spirit Airlines (NYSE: SAVE ) yesterday received a competing takeover bid from JetBlue (NASDAQ : JBLU ). All three compa...
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...
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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