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The Latest Breaking News from JetBlue

Frontier Airlines Makes Aggressive Moves After Failed Spirit Bid

The discount air carrier is counting on changes to boost its competitive position.

The Street

Will JetBlue Take Away the One Thing People Like About Spirit?

The takeover of the budget airline raises a key question for consumers.

The Street

Airline Stocks: Spirit Losses Slow Despite Spike In Fuel Costs

Spirit Airlines reported above-target Q2 results Tuesday, following the low-cost carrier's merger deal with JetBlue. Airline stocks fell.

Investors Business Daily

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Are Further Airline Mergers At The Gate?

Recent multi-billion dollar mergers and upbeat earnings reports in the airline industry have revived optimism in the sector and on airline stocks as investors turn bullish on the sector’s potential after being paralyzed by the COVID-19 pandemic in the past two years.

Benzinga

JetBlue Airways Shares Slide After Missing Q2 Street Expectations

JetBlue Airways Corp (NASDAQ:JBLU) reported a second-quarter FY22 adjusted loss per share of $(0.47) compared to adjusted EPS of $0.60 in 2Q19, missing the consensus of $(0.11). Operating revenue grew 16.1% compared to 1Q19 and +63.1% year-over-year to $2.45 billion, missing the consensus of $2.46 billion. Capacity increased by 2.3% year over three,…

Benzinga

Can JetBlue Improve Spirit's Reputation?

Will frequent flyers' Spirit(s) be up?

The Street

Stock Market Gains, Erases Early Losses After Weak GDP; Meta Dives On Earnings Miss

Ford earnings helped boost the stock market in spite of weak GDP numbers and worse-than-expected Facebook earnings.

Investors Business Daily

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Spirit Opts For JetBlue, But This Hurdle Could Create More Drama

Spirit Airlines stock jumped after it agreed to combine with JetBlue in a $3.8 billion deal. Southwest reports earnings.

Investors Business Daily

JetBlue agrees to buy Spirit for $3.8B. It would create the 5th largest U.S. airline

The agreement Thursday capped a months-long bidding war and arrives one day after Spirit's attempt to merge with Frontier Airlines fell apart. The deal still needs approval from antitrust regulators.

WEKU

JetBlue buys Spirit for $3.8 billion to become fifth-biggest US airline

JetBlue wins bidding war for ultra-low-cost carrier after recently launching flights to London Heathrow

The Independent UK

Benzinga Before The Bell: Apple's Latest Move For Self-Driving Car Project, Monkeypox Is A National Emergency, Spirit-Jet Blue Merger And Other Top Financial Stories Thursday, July 28

Reuters

Benzinga

US airline JetBlue announces $3.8 bn acquisition of Spirit

New York (AFP) - JetBlue Airways plans to acquire low-price carrier Spirit Airlines for $3.8 billion, the companies announced Thursday, in what would establish the fifth largest US airline.

AFP

Spirit-JetBlue merger takes flight after Frontier deal terminated

JetBlue and Spirit are looking to create one of the nation's largest airlines.

Axios

JetBlue buys Spirit for $3.8 billion

JetBlue is buying Spirit Airlines in a $3.8 billion deal, a day after Spirit and Frontier Airlines agreed to abandon their merger proposal

The Independent UK

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The Street

Spirit Airlines Stock Surges After Cancelling Frontier Merger, Agreeing $3.8 Billion JetBlue Deal

“We are excited to deliver this compelling combination that turbocharges our strategic growth," said JetBlue CEO Robin Hayes.

The Street

Stocks Lower Ahead of GDP Data, Meta, Spirit, Ford And Apple In Focus - Five Things To Know

Stock futures lower with earnings, GDP data in focus; Meta shares tumble after Q2 earnings miss, muted ad outlook; Spirit soars after cancelling frontier deal, setting up JetBlue takeover; Ford shares leap after solid Q2 earnings, outlook hold and Apple earnings on deck amid demand, chip, China impact questions.

Tribune News Service

Spirit Airlines ends proposed deal with Frontier, paves way for possible JetBlue takeover

Spirit Airlines has ended its proposed merger with Frontier Airlines, clearing a path for JetBlue Airways to take over the South Florida-based discount carrier.

AFP

Spirit terminates Frontier deal, says in talks with JetBlue

New York (AFP) - After months of back-and-forth, Spirit Airlines announced Wednesday that it was breaking off a merger with Frontier Group, opening the door to a possible takeover by JetBlue.

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Tribune News Service

Frontier, JetBlue are at a stalemate in merger battle for Spirit

With a fateful vote a day away, Spirit Airlines Inc. is standing alone at the altar despite having two suitors that have spent months trying to acquire the low-cost carrier.

Chicago Tribune

Editorial: In the low-cost airline industry, a race to the bottom

During the golden age of commercial aviation, passengers enjoyed gourmet meals and stretched out in roomy comfort. Fast forward to the current state of flight, epitomized by Spirit Airlines, an ultra-low-cost carrier notorious for poor service that nonetheless is being pursued by two rivals.

Tribune News Service

Wave of airline flight delays this year mostly self-inflicted

The share of US flight delays caused by airlines, as opposed to weather or air traffic control, has surged to the highest level on record, reflecting carriers’ struggle in the post-Covid rebound.

StockNews.com

Should You Avoid Spirit After It Delays Deal With Frontier for Third Time?

Spirit Airlines (SAVE) deferred its shareholder vote for the third time since its proposed merger with Frontier Group (ULCC) was announced in early February. The company has also received an all-cash offer from JetBlue Airways (JBLU), and signing either deal would create the fifth largest airline in the U.S. Considering…

The Street

Fight for Control of Spirit Airlines Nears Close

Frontier is asking Spirit for more time to make the case that its lower cash offer if superior to JetBlue's offer.

Tribune News Service

American Airlines wants to restart flights to five more Cuban cities

American Airlines wants to resume flying to five cities in Cuba after the Biden administration reversed a Trump-era policy limiting flying to the country.

Miami Herald

Bidding war escalates, as Spirit Airlines again delays final decision on Frontier merger

For the second time this month, Broward County’s Spirit Airlines has postponed a final decision on whether to go ahead with a planned merger with Frontier Airlines.

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Dipanjan BanchurSince

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