US blocks JetBlue/Spirit deal
US blocks JetBlue/Spirit deal
Tag spirit airlines
Spirit Airlines sees red after legal and advisory fees
UPDATE – Spirit Airlines announced a $-270.7 million reported net loss for Q4 2022, which after excluding special items turns into a small $12.6 million profit. Full-year, the ultra-low-cost US airline wrote deep red numbers with a $-554.2 million reported…
Operational issues and a hurricane hurt Spirit’s Q3
Hurricane Ian and operational constraints in Florida have hurt Spirit Airlines in Q3. The airline was forced to cancel hundreds of flights due to bad weather, while staffing issues prevented it from optimally using its fleet, it said in its earnings…
JetBlue to recover Q4 capacity quicker than expected
JetBlue expects to recover the capacity for the final quarter quicker than anticipated in August and outpace 2019 levels again. Capacity should be up by one to four percent over 2019 and end between zero and two percent for the…
Spirit-JetBlue deal gets the nod from stockholders
UPDATE Oct 20 – 95 Percent of Spirit Airlines stockholders present or represented has voted in favor of the proposed merger agreement with JetBlue. That’s the outcome of the special meeting on October 19, at which 67 percent of Spirit common…
Conflicting fortunes for Airbus A319neo
Correction – Airbus’ backlog of its least-popular neo version, the A319neo, has been further reduced. The airframer has deleted orders for two aircraft from Air Cote D’Ivoire in its September backlog. This brings the backlog to just 75 aircraft, with ten…