The New York Times – Travel:
The deal, which comes a day after Frontier’s bid for Spirit fell apart, is likely to face antitrust scrutiny.
Category: JetBlue Airways Corporation
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Spirit Airlines Shareholders Reject Merger With Frontier
The New York Times – Travel:
The decision could improve prospects for Spirit to reach a deal with JetBlue, a suitor it had previously rejected.
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ISS Urges Spirit Shareholders to Vote Against Frontier Merger
The New York Times – Travel:
Institutional Shareholder Services, which advises large investors, said shareholders should opt for a higher offer for Spirit by JetBlue.
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Southwest and JetBlue Expect Higher Second-Quarter Revenues as Travel Booms
The New York Times – Travel:
Ticket sales are climbing faster than the airline industry expected as more people plan summer vacations and business trips.
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JetBlue Makes a Hostile Takeover Bid for Spirit Airlines
The New York Times – Travel:
The carrier made a tender offer valued at $3.2 billion and said it was willing to pay more if Spirit cooperated with an acquisition.
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Spirit Airlines Rejects JetBlue’s Offer
The New York Times – Travel:
The airline said regulators would be skeptical of letting the companies merge as long as JetBlue is in a partnership with American Airlines.
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Europe’s Airports Face Chaos as Travelers Return
The New York Times – Travel:
In recent weeks, travelers on both sides of the Atlantic Ocean have endured long lines at airports, flight delays or cancellations, and plenty of frustration. Is this the new normal?
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Bidding War for Spirit Could Undercut Power of Four Big Airlines
The New York Times – Travel:
The rival bids for Spirit from Frontier and JetBlue could create an airline that presents a more formidable challenge to American, Delta, Southwest and United.
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Spirit Airlines will weigh JetBlue’s takeover offer against its planned merger with Frontier.
The New York Times – Travel:
Spirit made the announcement two days after JetBlue made an unsolicited bid to take over the company.