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...
UPDATE – Spirit Airlines has postponed the stockholders meeting scheduled for June 10 to June 30 which is to decide in favor or against the merger proposal with Frontier Airlines. Spirit said on June 8 that it wants to allow more time for discussions with...
The fight for ITA Airways has entered a new phase, with two parties submitting their bids with the Italian Ministry of Economic Affairs just before midnight on Monday, May 23. They are MSC and Lufthansa on one side and Certares/Delta Airlines/Air France-KLM on the...
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...
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