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Last week, JetBlue Airways (NASDAQ: JBLU) shocked analysts and investors by offering to buy Spirit Airlines (NYSE: SAVE) for $33 per share. This proposal easily topped the implied value of Frontier Group 's existing agreement to buy Spirit, even though Frontier Airlines ...
While specialty business and aerospace/defense companies were the majority of top five industrial gainers for the week ending April 8, shipping and air services companies filled up the decliners' list. The SPDR S&P 500 Trust ETF (SPY) -1.18% was in the red after being in the gre...
Two months ago, Spirit Airlines (NYSE: SAVE) and Frontier Group announced merger plans. By combining to create a budget airline giant, the two companies hoped to gain scale and reduce their costs, thereby improving their profitability and bolstering their growth potential. N...
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JetBlue Airways (NASDAQ: JBLU) is set to offer its flight attendants a USD1,000 bonus if they don’t call out from work beginning Friday through the end of May, as it strives to secure staffing levels throughout a boost in travel demand. Flight attendants will also be give...
Research notes from Wall Street analysts provided a significant catalyst during Friday's midday trading. Rackspace Technology (RXT) and Triton (TRTN) both dropped after receiving separate downgrades. Meanwhile, the takeover drama surrounding Spirit Airlines (SAVE) continued during intraday ac...
Spirt Airlines (NYSE:SAVE) said it plans to enter talks with JetBlue (NASDAQ:JBLU) after deeming its $33/share all-cash offer could likely to lead to a "superior proposal" over Frontier's (NASDAQ:ULCC) stock and cash deal. Spirit (SAVE) remains bound by the terms of the merger agreement with ...
JetBlue (NASDAQ: JBLU) today welcomed the determination by the Board of Directors of Spirit (NYSE: SAVE) that JetBlue’s offer to acquire Spirit could reasonably be likely to lead to a “Superior Proposal” under the terms of its current merger agreement with Frontier....
Spirit Airlines to Begin Discussions with JetBlue Airways PR Newswire MIRAMAR, Fla. , April 7 , 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today announced that its Board of Directors has determined, after consultati...
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...
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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