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The shareholder vote for Spirit Airlines' combination with Frontier Airlines is scheduled for the 8th of July. Solely looking at the value of the offers from total and cash perspective, the Frontier Airlines offer is unattractive at best. JetBlue doesn't want to be left out in ano...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due t...
The eleven sectors of the S&P 500 were in the red in Q2, with SPDR S&P 500 Trust ETF sliding more than 16%. FTI Consulting ( FCN ) +14% . China Eastern Airlines ( NYSE: CEA ) +10% . Ritchie Bros. Auctioneers ( RBA ) +10% . S...
JetBlue (NASDAQ: JBLU) announced today that its direct wholly owned subsidiary, Sundown Acquisition Corp. (“Sundown”), has extended the expiration date of the previously announced tender offer to purchase all of the outstanding shares of common stock, par value $0.0001 per...
Airlines face a big test during the 4th of July weekend after stumbling badly over the last two major holidays, according to Associated Press. The carriers head into the weekend already battling some schedule disruption due to thunderstorms that slowed air traffic. Amer...
Stocks are under pressure on Thursday due to continued concerns about the impact of higher inflation rates on the economy, and airlines, as is typically the case, were down more than the broader markets. Shares of United Airlines Holdings (NASDAQ: UAL) , American Airlines Group ...
Earnings news provided a crucial catalyst in Thursday's midday trading, led by Walgreens Boots ( NASDAQ: WBA ), which dropped following the release of its financial figures. The announcement of quarterly results had the opposite impact on Franklin Covey ( FC ). Shares posted...
Investors bid down travel and leisure stocks once again as recession fears continue to weigh on the outlook for the back half of the year and 2023. With the second quarter earnings season set to start in a few weeks, anxiety has increased that guidance updates will disappoint. Selli...
JetBlue (NASDAQ: JBLU) issued the following statement from Robin Hayes, chief executive officer, regarding the decision by the Spirit (NYSE: SAVE) Board of Directors to adjourn its special meeting: We compliment the Spirit Board for listening to their shareholders, who clearly were ...
JetBlue (NASDAQ: JBLU) today issued the following statement: Third-party analysts and airline industry experts have consistently recognized that JetBlue’s proposal to acquire Spirit (NYSE: SAVE) is superior to the Frontier (NASDAQ: ULCC) transaction on many fronts. We encoura...
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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