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.
Category: Stocks and Bonds
-
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.
-
American Airlines Reports First-Quarter Loss, but Expects Booming Travel Ahead
The New York Times – Travel:
The carrier joined United and Delta in saying a first-quarter loss would be followed by a return to profitability as demand soars.