Spirit and Frontier have resumed merger talks. Prior to JetBlue outbidding Frontier for Spirit, Spirit and Frontier had a plan to merge. Unfortunately, regulators did not approve that proposed merger, and the carrier is back to square one, albeit now in financial…
Beleaguered Spirit Airlines is contemplating a pre-planned Chapter 11 bankruptcy filing to restructure its $3.3 billion in debt. The company faces an October 21st deadline under covenants with its credit card processor, and will need to restructure to maintain credit…
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A federal judge in Boston ruled in favor of the US Justice Department, which sued to block the proposed merger of Spirit Airlines into JetBlue on anti-competitive grounds. US District Judge William Young said that the proposed merger "does violence to the core principle of antitrust law: to protect the United States' markets--and its market participants-- from anticompetitive harm."
The Airbus A319neo seems to get a huge boost from US low-cost airline Spirit Airlines. The airline plans to order a yet unspecified number of the smallest neo-member as part of a Memorandum of Understanding for 100 A320neo-family aircraft announced…