Plus, both companies’ financial statements are talking about Spirit Airlines (SAVE), the two carriers’ mutual ex. Though JetBlue presented big gains in profitability, raising its operating ...
If JetBlue is allowed to buy Spirit Airlines, passengers will end up paying more in airfare across the board, the US Department of Justice argues in a new lawsuit it filed Tuesday to block the merger.
JetBlue and Spirit Airlines agreed to terminate their $3.8 billion merger due to regulatory hurdles. JetBlue will pay Spirit $69 million, and Spirit shareholders received $425 million in prepayments.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is hard for a weighed-down aeroplane to achieve lift-off. Last week, a US bankruptcy judge formally ...
But that would help rivals more than it would boost Spirit. Analysts from Deutsche Bank and Raymond James say that Frontier, JetBlue and Southwest would benefit the most because of their overlap ...
Here's a look at what to watch at TheStreet today. The planned merger between JetBlue (JBLU) and Spirit Airlines (SAVE) is now facing a major roadblock. The Department of Justice now ...
NEW YORK -- Discount carrier Spirit Airlines has emerged from bankruptcy protection.
JetBlue’s tie-up with Spirit would make it the fifth largest domestic carrier. WSJ’s Alison Sider and a former JetBlue executive explain how the combined airline could compete. Photo ...