As per the Merger Agreement between JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE), JetBlue has announced May 24, 2023, as the record date for the May 2023 pre payment to Spirit stockholders of $0.10 per Spirit share (the “May 2023 Additional Prepayment”).
With payment scheduled on May 31, 2023. Subsequently, as previously stated, the May 2023 Additional Prepayment is set for the Spirit stockholders as of May 24, 2023, the record date.
JetBlue is a major airline based in New York and is considered the city’s hometown airline. Further, it is also a significant carrier in other locations such as Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
With a vast network, JetBlue operates flights to over 100 destinations in the United States. Further, to Canada, Latin America, the Caribbean, and the United Kingdom.
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