Federal judges blocked JetBlue’s partnership with American Airlines and later a planned purchase of Spirit Airlines.
The unconfirmed combination could hold benefits for both carriers, but would likely encounter significant regulatory hurdles.
People see fewer Spirit mishaps in FAA statements on aviation incidents because there are fewer Spirit flights, Kiernan said.
Spirit’s approval comes after the third merger attempt by Denver-based ULCC Frontier Airlines, part of a back-and-forth ...
A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private ...
While the strong brand and loyal customer base make a full closure unlikely, the pool of investors who will be able to pull ...
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process ...
The United States Bankruptcy Court for the Southern District of New York approved the plan, which equitizes “$795 million of funded debt, receive $350 million in new equity investment and issue $840 ...
Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.
Spirit Airlines has announced that it will continue with its standalone recapitalization plan after rejecting a recent ...
Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the ...
“Spirit is a small airline. But there are those who love it,” US District Judge William Young wrote in his ruling blocking a merger between Spirit and JetBlue on antitrust grounds. “To those ...