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Spirit Board once again rejects JetBlue’s offer

Spirit Board once again rejects JetBlue’s offer

by Richard Schuurman | May 19, 2022 | Airlines | 0 comments

The battle for Spirit Airlines continues. Today, the Spirit Board of Directors has urged stockholders to reject the latest tender offer that JetBlue made on Monday. Spirit is even accusing its rival of making inaccurate statements. Spirit Board once again rejects...
Spirit’s Board not convinced yet of superior proposal JetBlue

Spirit’s Board not convinced yet of superior proposal JetBlue

by Richard Schuurman | Apr 8, 2022 | Airlines | 0 comments

Spirit Airlines is not convinced yet that the unsolicited offer of JetBlue ‘constitutes a superior proposal’ compared to that of Frontier Airlines, but it could be. It is open to engaging in discussions with JetBlue, Spirit says in a short media statement that was...
US ULCCs are growing across the board

US ULCCs are growing across the board

by Addison Schonland | Feb 8, 2022 | Airlines | 0 comments

Yesterday’s news about another wave of US airline consolidation got us to think about what the patterns look like. Here is a model starting in the year 2000 through the most recent 2021 data (July).  The model confirms that the ULCCs are growing across the...
Thai AirAsia’s parent cleared by board to raise funds as Q3 loss widens

Thai AirAsia’s parent cleared by board to raise funds as Q3 loss widens

by Firdaus Hashim | Nov 15, 2021 | Airlines | 0 comments

Thai AirAsia’s parent company, Asia Aviation (AAV), has secured board approval to raise 14 billion baht, following its 20 October announcement that it plans to raise funds by issuing convertible bonds and new shares to both new and existing shareholders. The approval...

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