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The Latest Breaking News from Spirit Airlines

JetBlue Airways steps up as a rival suitor for Spirit Airlines with all-cash takeover offer

South Florida-based Spirit Airlines acknowledged Tuesday that it has attracted a surprise new suitor in JetBlue Airways of New York, which is seeking to outbid a recent merger offer by Frontier Airlines of Denver.

Tribune News Service

JetBlue seeks to buy Spirit Airways, threatening Frontier deal

New York (AFP) - JetBlue Airways announced Tuesday a bid to acquire Spirit Airlines for $3.6 billion, setting up a bidding war with Frontier Airlines in the discount flying market.

AFP

Airline flight delays improving, but cancellations persist for some

Flight delays and cancellations that waylaid travelers across the country last weekend are improving but cancellations continue, including in Detroit; a return to normal globally wasn't expected until mid-week, according to FlightAware.com.

Tribune News Service

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Spirit Airlines Gets Second Takeover Bid This Year: What Investors Should Know

Spirit Airlines Incorporated (NYSE: SAVE) on Tuesday announced it received a purchase proposal from JetBlue Airways Corporation (NASDAQ: JBLU) to buy the company’s outstanding shares for $33 apiece.

Benzinga

JetBlue makes offer for Spirit Airlines, could spark bid war

JetBlue Airways is trying to buy Spirit Airlines and break up a plan for Spirit to merge with fellow budget airline Frontier

The Independent UK

Dow Jones Falls; Donald Trump SPAC Plunges As Elon Musk Joins Twitter Board; 3 Stocks Eye Buy Points

The Dow Jones skidded lower. The Donald Trump SPAC plummeted on the news Tesla CEO Elon Musk is to join the board of Twitter.

Investors Business Daily

Why Spirit Airlines Shares Are Taking Off

Spirit Airlines (NYSE: SAVE) shares are trading higher following an NYT report suggesting JetBlue Airways Corp (NASDAQ:

Benzinga

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Democrats say Spirit-Frontier merger could boost airfares

Several congressional Democrats are raising doubts about the proposed merger of Frontier and Spirit airlines

The Independent UK

Woman claims Spirit Airlines stopped teenagers from bringing dog on plane after they’d already paid for pet

She says fellow passengers chipped in to pay for the dog’s entry

The Independent UK

Editorial: The feds should approve the Spirit-Frontier airline merger. Caveat emptor, nonetheless

On the day that Frontier Airlines announced its intent to merge with its fellow discount air carrier Spirit Airlines, the acquiring carrier suffered an ill-timed IT problem that briefly grounded its jets. So Monday presented a golden opportunity to the many bloggers who obsess about the airline industry and its…

Chicago Tribune

How This BofA Analyst Rates Frontier And Spirit Airlines Stocks After Merger Announcement

The merger deal between Spirit Airlines Incorporated (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC) represents an enterprise value of $6.6 billion and is in line with the long-term historical multiple of Spir

Benzinga

For years we’ve laughed at Spirit Airlines. Will merger deprive us of comedy gold?

Few brand names have been dragged through the muck like Spirit Airlines.

Tribune News Service

Spirit-Frontier merger: Which airline emerges ‘dominant’ key to South Florida impact

The $6.6 billion-merger between South Florida-based carrier Spirit Airlines and Denver-based Frontier Airlines announced on Monday raises questions about the company’s future operations in Broward County.

Miami Herald

Two of the Worst-Ranked Airlines Are Merging and Will Upcharge You

Spirit Airlines and Frontier Airlines are merging to create a larger ultra-low cost air carrier, but is it really a cheaper deal?

The Street

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Benzinga

What Airline Stocks Did After The Last 4 M&A Deals In The Industry

Spirit Airlines (NYSE: SAVE) and Frontier Airlines (NASDAQ: ULCC) announced a $2.9-billion merger Monday that aims to create one of the most competitive low-cost airfares in the U.S.

Benzinga

Spirit Airlines Whale Trades For February 07

A whale with a lot of money to spend has taken a noticeably bullish stance on Spirit Airlines. Looking at options history for Spirit Airlines (NYSE:SAVE) we detected 17 strange trades.

Benzinga

Here's What Spirit And Frontier Are Telling Customers About Their Planned Airline Merger

Spirit Airlines Inc (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC) on Monday announced plans to join forces in order to create a more competitive, ultra-low fare airline.

Benzinga

Spirit Airlines Flies Higher After Merger Announcement: What's Next?

Spirit Airlines Inc. (NYSE: SAVE) shares are pushing higher after the company announced a merger agreement Monday with Frontier Group Holdings Inc (NASDAQ: ULCC).

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Benzinga

Spirit Airlines: Q4 Earnings Insights

Spirit Airlines (NYSE:SAVE) reported its Q4 earnings results on Monday, February 7, 2022 at 06:31 AM. Here's what investors need to know about the announcement.

Benzinga

Spirit Airlines Q4 Results Top Street View

Spirit Airlines Inc (NYSE:SAVE) reported fourth-quarter operating revenue growth of 98.1% year-over-year to $987.56 million, and +1.8% compared to 4Q19, beating the consensus of $963.15 million. Operating expenses increased 59.3% Y/Y and 24.1% compared to 4Q19 to $1.05 billion. Operating loss improved to $(61.55) million, compared to $(159.92) million a year ago. Related: Frontier,…

AFP

Spirit to merge with Frontier, creating major low-cost US airline

New York (AFP) - Budget US carriers Spirit Airlines and Frontier Airlines announced Monday they will merge to create a competitive low-cost airline that aims to test the dominance of larger rivals.

Investors Business Daily

Frontier Will Buy Spirit Airlines, Beefing Up Competition Vs. Mainline Carriers

Frontier Airlines' parent will buy fellow ultra-low cost carrier Spirit Airlines to create the No. 5 U.S. carrier. SAVE stock jumped.

The Independent UK

Frontier Airlines buying Spirit in $3B budget carrier deal

Frontier Airlines’ parent company is buying Spirit Airlines in a $2.9 billion cash-and-stock deal that will allow the combined airline to be more competitive against its larger rivals

The Independent UK

Spirit airlines passenger complains after being forced to remove his ‘let’s go brandon’ mask

He was provided a different mask by the airline

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