Spirit Airlines to Receive up to $200 Million for Pratt & Whitney Engine Problems
The compensation could give the struggling Spirit a significant boost to its liquidity.
Articles tagged “jetblue-spirit merger”
JetBlue Cuts More Cities From Network, Reduces Flights From Los Angeles
JetBlue is cutting more routes as part of the carrier’s strategy to restore its profitability following the loss of the Spirit merger and Pratt & Whitney engine issues.
JetBlue CEO Says She’s Focused on Profitability, Calls Spirit Merger and Northeast Alliance ‘Distractions’
JetBlue CEO Joanna Geraghty is focused on restoring the carrier’s profitability by “returning to the business fundamentals.”
Airbnb Approaches a New Milestone
Today's podcast looks at Airbnb's latest listings numbers, JetBlue and Spirit's latest agreement, and American Airlines' latest order.
Carl Icahn to Get Two Seats on JetBlue's Board
The activist investor gained two seats on JetBlue's board after acquiring a nearly 10% stake in the company.
Spirit Airlines CEO Fires Back at Bankruptcy Talk
Spirit CEO Ted Christie described speculation about Spirit’s ability to survive as “a misguided narrative.”
JetBlue’s Push For Profits: More Leisure Routes and Cost Cuts
JetBlue is shifting gears toward leisure travel and premium products as it figures out a future without the Spirit merger.
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Judge to JetBlue: No Merger for You
And just like that, JetBlue’s plans are up in smoke. A federal judge last week ruled that no, JetBlue cannot buy its rival Spirit, agreeing with the U.S. Justice Department that the deal would violate antitrust laws designed to protect consumers.
JetBlue and Spirit to Appeal Decision to Block Merger
JetBlue and Spirit said they are appealing the decision to block their merger with the First Circuit Court of Appeals.
JetBlue Axes Several Routes After Merger With Spirit Collapses
JetBlue said it was cutting routes to help return to profitability.