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The Latest Breaking News from JetBlue

JetBlue Ups Offer On Spirit Takeover Bid: What You Need To Know

JetBlue Airways (NASDAQ: JBLU) has upped the ante on its unsolicited acquisition of Spirit Airlines Inc. (NYSE: SAVE) as Spirit pushes ahead on a planned merger with Frontier Group Holdings Inc.

Benzinga

Frontier adds $250 million reverse breakup fee to Spirit bid in effort to deflect JetBlue

Frontier Airlines, in a move crafted to deflect JetBlue Airways’ bid for South Florida-based Spirit Airlines, has added a $250 million reverse breakup fee to its merger proposal.

Tribune News Service

Frontier, Spirit Airlines Amend Merger Agreement - See What's The Change

Spirit Airlines Inc (NYSE:SAVE) and Frontier Group Holdings Inc (NASDAQ:ULCC), the parent company of Frontier Airlines, Inc., amended their previously announced merger agreement. In the unlikely event the combination is not consummated for antitrust reasons, Frontier would pay a reverse termination fee of $250 million, or $2.23 per share, to Spirit under the provisions of…

Benzinga

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Better Buy: United Airlines vs. JetBlue

Today I will analyze and compare United Airlines (UAL) and JetBlue Airways (JBLU) to determine which airline stock is currently a better buy.

StockNews.com

Mike Tyson admits he shouldn't be flying on public planes after recent row

Tyson left a man bloodied after being involved in a row whilst onboard a JetBlue plane last month and the former heavyweight champion has been left frustrated by the incident

Daily Mirror

Spirit Airlines Sticks To Frontier Deal - Ball Is In The Shareholders' Court Now

Frontier Airlines parent Frontier Group Holdings Inc (NASDAQ:ULCC) commented on Spirit Airlines Inc.'s (NYSE:SAVE) rejection of JetBlue Airways Corp's (NASDAQ:JBLU) offer. "We are pleased that the Spirit Board of Directors has again reaffirmed its commitment to combining with Frontier, which increases competition by bringing more ultra-low fares to more travelers and delivering substantial shareholder value," stated Barry…

Benzinga

Spirit urges shareholders to reject JetBlue’s hostile bid

JetBlue Airways’ hostile takeover bid for Spirit Airlines took a bitter turn on Thursday as the board of directors of the South Florida-based discount carrier urged its shareholders to spurn the offer.

Tribune News Service

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73 Biggest Movers From Yesterday

Gainers AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) shares jumped 65.9% to close at $2.77 on Monday after gaining around 10% on Friday.

Benzinga

41 Stocks Moving In Monday's Mid-Day Session

Gainers Data Storage Corporation (NASDAQ: DTST) shares jumped 51.1% to $3.4750 after the company reported better-than-expected Q1 financial results.

Benzinga

Why Spirit Airlines Shares Are Taking Off Today

Spirit Airlines Inc (NYSE: SAVE) shares are trading higher Monday after JetBlue Airways Corp (NASDAQ: JBLU) launched a hostile takeover bid for the discount airline.

Benzinga

Morning Brief: Top Financial Stories Dominating on Monday, May 16

CNBC Volkswagen CEO Shares Ambitious EV Ambitions For US Market

Benzinga

Airline passenger satisfaction declines in JD Power ranking

The frustrations of congested airport terminals and crowded planes are returning on top of the lingering effects of the COVID-19 pandemic.

Tribune News Service

New generation of budget airlines aims to disrupt flying

Pandemic-era startups Breeze Airways and Avelo Airlines offer non-stop flights from smaller cities.

Axios

Why Airplane Ticket Prices Are Flying High, While Your Wallet Might Be Grounded

If you think filling your car’s gas tank is expensive, how about filling the tanks for a Boeing Co (NYSE: BA) 737-800?

Benzinga

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The Independent UK

Couple kicked off plane after homophobic slurs, rant about US ‘becoming China’ and praising ‘king’ Elon Musk

Husband claims to be ex-FBI agent in the bizarre tirade

The Guardian - US

‘We’re just robots’: US airline workers stranded amid staff shortages

Flight attendants report sleeping on airport floors when employers fail to find them hotel rooms

Tribune News Service

Flight cancellations persisted after January COVID-19 spike, data show

Flight cancellations continue to persist for U.S. airlines since severe disruptions caused by the January COVID-19 surge and even as carriers staff up ahead of what's expected to be a busy summer travel season, according to the latest federal data on air travel.

Benzinga

Why Spirit Airlines Stock Is Grounded Today

Spirit Airlines Inc (NYSE: SAVE) shares are trading lower Monday after the company rejected JetBlue Airways Corp's (NASDAQ: JBLU) proposal and said it will proceed with its previously-announced mer

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Tribune News Service

Spirit Airlines rejects JetBlue buyout bid on antitrust concerns, will stick with Frontier offer

FORT LAUDERDALE, Fla. — South Florida-based discount carrier Spirit Airlines announced Monday it has rejected a $3.6 billion buyout bid by JetBlue Airways, saying its suitor failed to sufficiently address antitrust concerns.

Benzinga

Spirit Airlines Rejects JetBlue's Takeover Bid; JetBlue Renews Offer

Spirit Airlines, Inc. (NYSE: SAVE) has rejected the acquisition bid from JetBlue Airways Corp (NASDAQ: JBLU) and will proceed with the previously-announced merger agreement with Frontier Group Holdings, Inc.

Benzinga

Why Are JetBlue Shares Trading Lower Today

JetBlue Airways Corp (NASDAQ:JBLU) reported a first-quarter FY22 adjusted loss per share of $(0.80) compared to adjusted EPS of $0.16 in 1Q19, beating the consensus of $(0.86). Capacity declined by 0.3% year over three, compared to its guidance for a 1% decline year over three. Operating revenue declined 7.2% compared to 1Q19 and…

Tribune News Service

Editorial: A sensible shift away from COVID mask mandates

Last week, a video taken on a JetBlue airplane went viral. It wasn’t what we’ve come to expect from this genre of content: there was no person behaving badly, or causing a scene. Instead, it was the pilot of a JetBlue plane telling customers they were allowed to fly mask-free,…

The Independent UK

Disgraced former Fox host Bill O’Reilly blames Biden for his airport meltdown when he called worker a ‘scumbag’

Mr O’Reilly called the JetBlue worker a ‘scumbag’ and that he would ‘lose his job’

The Independent UK

From planes to Ubers: Where you do and don’t have to wear masks on US public transport

Planes, trains, cabs, and buses across the US are dropping their mask requirements – even at Disney World

The Independent UK

Mike Tyson beats up plane passenger who was harassing him

Footage appears to show the former heavyweight boxing champion hitting a man who had been enthusiastically interacting with him

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