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...
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...
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...
Qantas and Alliance Aviation Services have reached an agreement, in which Qantas will fully acquire Alliance by purchasing the remaining 80.1 percent of its shares. The acquisition will allow Qantas to better serve its growing regional operations, it said on May 5....
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 May 5. Spirit Airlines sees too many...
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