Robust demand for travel pushed revenues up for Spirit Airlines and helped it reduce losses in Q2. This despite serious operational issues early in the quarter, but these problems seem to have been adequately addressed and services are running reliably right now, the...
Was this really a “win”? After all, as an advisor to Frontier told us, “Either way, we win. We’re not going to chase JetBlue.” JetBlue beats off Frontier and wins Spirit. What are the implications? Airlines merge because of one key...
The final call is on the regulators, but the fight for Spirit Airlines seems over. After Frontier Airlines’ decision on Wednesday to terminate the merger agreement with Spirit, the ultra-low-cost airline announced on Thursday that the boards of directors of Spirit...
With two days to go until stockholders decide, the Board of Directors of Spirit Airlines has – once again – reaffirmed its commitment to the merger agreement with Frontier Airlines. It rates this offer superior to that of JetBlue, even as the New York-based airline...
UPDATE – JetBlue CEO Robin Hayes is confident that his airline is closing in on a successful transaction to buy Spirit Airlines. He is happy that JetBlue has finally got a fair chance to review Spirit’s financial information after the Spirit Board has...
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