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.
Spirit’s approval comes after the third merger attempt by Denver-based ULCC Frontier Airlines, part of a back-and-forth ...
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process ...
A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private ...
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 rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the ...
Following the collapse of two major deals, JetBlue is in talks with multiple carriers to strengthen its competitive position ...
“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 ...
The Florida airline has a hearing in court on its reorganization plan Thursday. Spirit anticipates completing the ...