UPDATE – JetBlue has made a new offer directly to the shareholders of Spirit Airlines and has called on them to vote against the proposed agreement with Frontier Airlines. Through its wholly-owned subsidiary Sundown Acquisition Corp, JetBlue has submitted an all-cash,…
Spirit Airlines used a large part of its Q1 earnings call to further clarify why it opposes the unsolicited offer from JetBlue. The offer raised too many red flags and would harm the interests of Spirit’s shareholders, it said on…
The settlement between the US Department of Justice and Boeing to resolve the investigation and prosecution into the MAX saga has been met with quite a few raised eyebrows. How is it that possible that Boeing evades criminal prosecution and…