Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Spirit Airlines

Merger Arbitrage Mondays - The Bidding War For Spirit Airlines (SAVE) Continues

After twelve new deals were announced during the prior two weeks, merger activity ground to a halt last week with no new deals announced. Oracle completed its massive $24.3 billion deal for healthcare software company Cerner and in a trend we have been seeing for several weeks, yet another SPAC…

Benzinga

Why This Spirit Airlines Analyst Is Turning Bullish

A merger of Spirit Airlines Incorporated (NYSE: SAVE) is “a high probability outcome,” and a merger with JetBlue Airways Corporation (NASDAQ: JBLU) is more likely than with Frontier (NASDAQ: <

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 10, 2022

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Spirit reviews latest JetBlue counteroffer as takeover fight nears finale

Hours after Spirit Airlines received a revised takeover bid from JetBlue Airways, the South Florida-based carrier said Monday its board of directors would review it.

Tribune News Service

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

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

Read news from The Economist, FT, and more,
with one subscription

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

Looking Into Spirit Airlines's Return On Capital Employed

Benzinga Pro data, Spirit Airlines (NYSE:SAVE) reported Q1 sales of $967.32 million. Earnings fell to a loss of $194.70 million, resulting in a 123.39% decrease from last quarter.

Benzinga

Peering Into Spirit Airlines's Recent Short Interest

Spirit Airlines's (NYSE:SAVE) short percent of float has fallen 18.39% since its last report. The company recently reported that it has 8.30 million shares sold short, which is 8.03% of all regular shares that are available for trading.

Benzinga

11 Industrials Stocks Moving In Monday's Intraday Session

Benzinga

JetBlue Goes Hostile for Spirit; Here's What That's Doing to Its Stock Price

JetBlue stock is under pressure amid its hostile bid for Spirit Airlines. Here are the key levels to know now.

The Street

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

Spirit Airlines Stock Soars As JetBlue Launches Hostile Takeover Bid at $30 Per Share

“JetBlue offers more value -- a significant premium in cash -- more certainty, and more benefits for all stakeholders," the company said of its $3.2 billion takeover bid.

The Street

Get all your
news in one place.

100’s of premium titles.
One news app.

The Street

Stocks Edge Lower, Week Ahead, Tesla, Twitter, Spirit & JetBlue In Focus - Five Things You Must Know

Stock futures edge lower as growth worries snuff out Friday rally; Week Ahead: consumer strength in focus ahead of retail sales data, big store earnings; Tesla slips amid report of more delays at Shanghai factory; Twitter extends slump as musk reveals spat with legal team and Spirit soars as JetBlue…

Benzinga

Merger Arbitrage Mondays - Black Knight (BKI) To Be Acquired By Intercontinental Exchange (ICE)

Merger activity decreased last week with three new deals announced and four deals completed. Two of the three deals announced were potential deals in the works. We saw yet another SPAC business combination fall apart. Black Knight (NYSE: BKI)

Tribune News Service

Flight attendants for Spirit Airlines protest carrier’s handling of cancellations

Passengers aren’t the only ones with airline gripes. Flight attendants say they, too, are feeling the pain of widespread delays and cancellations.

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

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

12 Industrials Stocks Moving In Monday's Intraday Session

Benzinga

Analyzing Spirit Airlines's Short Interest

Spirit Airlines's (NYSE:SAVE) short percent of float has fallen 3.34% since its last report. The company recently reported that it has 10.17 million shares sold short, which is 9.84% of all regular shares that are available for trading.

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

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.

The Street

Spirit Airlines Deals a Big Blow to Jetblue

Spirit rejected JetBlue's improved offer, which included a $200 million breakup fee, and is now on track to merge with Frontier.

Investors Business Daily

Stock Market Starts May With Gains As Yields Keep Rising; These Earnings Reports Are On Deck

The stock market slump extended into Monday, with indexes down moderately as another wave of earnings reports hits Wall Street, and the benchmark Treasury yield continues to climb.

Tribune News Service

Spirit flight attendants picket at Detroit Metro after 'sleeping on floors'

DETROIT — Unionized flight attendants with Spirit Airlines Inc. on Tuesday picketed outside Detroit Metropolitan Airport, demanding the Florida-based low-cost carrier uphold its end of their contract by providing hotel accommodations and better communications in the event of cancelled flights.

1 … 11 12 13 14

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.