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Spirit Airlines Board of Directors to Review Unsolicited Tender Offer from JetBlue PR Newswire Stockholders Advised Not to Take Action at This Time MIRAMAR, Fla. , May 16, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYS...
JetBlue Airways Corporation ( NASDAQ: JBLU ) is committed to buying Spirit Airlines Inc ( NYSE: SAVE ) and it won’t take no for an answer. On Monday, it launched a hostile takeover bid for the ultra-low-cost air carrier, sending SAVE up roughly 10%. JetBlue announ...
Stock Market Today Mid-Morning Updates On Monday, the Dow Jones Industrial Average is down by 200 points, with the broader market opening in red as persistent inflation and weaker than expected China economic data. Accordingly, China’s industrial output fell by 2.9% in Ap...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Spirit Airlines (NYSE: SAVE ) stock is up nearly 10% today on news that JetBlue Airways (NASDAQ: JBLU ) has launched a hostile takeover bid for the discount carrier. Source: Markus Mainka / Shutterstock.com ...
Low fare airlines are back in focus, including several penny stocks today. The excitement comes after JetBlue Airways ( NASDAQ: JBLU ) turned up the heat on its takeover bid of Spirit Airlines ( NYSE: SAVE ). You may recall the move by JetBlue earlier this year as the company lo...
Volatility in the stock market has been at heightened levels, with Friday's sizable gains helping to offset bigger losses earlier last week. However, it appeared that investors were ready for a bit of a rest coming into the new week. As of 8:30 a.m. ET, futures on the Dow Jones Industrial...
JetBlue (NASDAQ:JBLU) is going hostile with a takeover attempt for discount carrier Spirit Airlines (NYSE:SAVE) after the latter rejected its $3.6B offer in favor of an existing deal with Frontier Airlines (NASDAQ:ULCC). The move will see JetBlue appeal directly to Spirit's shareholders by la...
Stocks rallied on Friday, and airline stocks went along for the ride. Shares of American Airlines Group (NASDAQ: AAL) led the march higher, up as much as 7.5% in midday trading, and shares of United Airlines Holdings (NASDAQ: UAL) , Delta Air Lines (NYSE: DAL) , Sp...
Spirit Airlines (NYSE:SAVE -3.5%) has scheduled a shareholder vote for June 10 on the $2.9 billion buyout offer from Frontier Group (ULCC). Shareholders would be rejecting a higher offer from JetBlue Airways (NASDAQ:JBLU) if they approve the Frontier proposal. Spirit's board has come out in s...
Rapid increases in airfares are hurting airline stocks on Thursday, with particular impact on low-cost carriers. The latest CPI print added to concerns that inflation is showing no signs of abating. For airfares, this concern was especially elevated. For the month of April, fares rose 1...
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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