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JetBlue’s improved proposal offers Spirit’s stockholders demonstrably superior value, greater certainty, and prepayment of $1.50 per share of the cash consideration JetBlue issues letter to Spirit Board urging them to negotiate in good faith to provide Spirit sto...
As the pandemic hit in early 2020, airlines cut back staff, current pilots retired, and fewer new pilots started their training . Those shortages have now left carriers scrambling to keep up with rebounding travel demand, and driven smaller airlines to merge with or buy rivals to make the m...
JetBlue (NASDAQ: JBLU) today issued the following statement regarding the amended Frontier-Spirit (NYSE: SAVE) merger agreement: The Spirit Board of Directors’ conflicts continue to guide their every move. Today’s announcement demonstrates why, in their shareholders...
JetBlue (NASDAQ: JBLU) today announced the appointment of Rodney Townsend as the carrier’s new vice president, technology products effective immediately. In this role, Townsend will oversee JetBlue’s technology product portfolio and identify new opportunities to leverage t...
Airline stocks started Wednesday on an up note, fueled by positive commentary from Delta Air Lines (NYSE: DAL) . But a grim forecast from JPMorgan Chase CEO Jamie Dimon gave rise to fresh recession fears, causing shares of Delta, American Airlines Group (NASDAQ: AAL) , ...
New York’s Hometown Airline® kicks off Pride Month as the first airline and largest launch partner for The Stonewall Inn Gives Back Initiative’s Safe Spaces certification program JetBlue champions its commitment to diversity, equity and inclusion through con...
Update 5:15pm: Adds Spirit comment. Spirit (NYSE:SAVE) shareholders should reject Frontier Group's (NASDAQ:ULCC) takeover offer, proxy adviser ISS recommends. Spirit rose 2.9%, while Jetblue fell 1.2%. Jetblue's (NASDAQ:JBLU) offer for Spirit is financially better than Frontier's (U...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Markus Mainka / Shutterstock.com Spirit Airlines is one of the more interesting stocks that has come into focus over the past week. Today, SAVE stock is up more than 3% as well roughly 7% for the past five days....
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Airline stocks are the talk of Wall Street today after cancelling more than 7,000 flights over Memorial Day weekend. High flyers are down across the board today as investors show hesitance around the volatile industry. ...
ISS notes the JetBlue offer is superior from a financial standpoint and that JetBlue offer provides greater certainty against regulatory risk inherent in both JetBlue and Frontier proposals ISS describes the Spirit Board’s sale process as a ‘cause for con...
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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