Spirit Airlines on brink of filing for bankruptcy protection following collapse of merger talks with Frontier, possible mass cancellations.
JetBlue Spirit Airlines
JetBlue Airways (B6) founder David Neeleman criticizes Spirit Airlines’ (NK) merger decisions, advocating for the initially planned Frontier Airlines (F9) partnership.
Rumors of Spirit Airlines filing for Chapter 11 bankruptcy protection intensified following reports of company’s ongoing financial challenges.
Florida-based low-cost carrier Spirit Airlines (NK) is negotiating with bondholders about potential bankruptcy (Chapter 11) filing terms.
Go Big or Go Comfy: Spirit Airlines to Offer Unmatched Value with New Travel Options and Transformed Guest Experience
Spirit Airlines (NK) CEO Ted Christie stated on Friday that the budget airline is not considering a Chapter 11 bankruptcy filing and feels “encouraged” by its current plan following the failed takeover attempt by JetBlue Airways.
JetBlue (B6) has announced the mutual decision with Spirit Airlines (NK) to terminate their merger agreement scheduled for July 2022.
A federal judge has halted JetBlue Airways’ (B6) acquisition of budget carrier Spirit Airlines (NK), responding to a lawsuit by the Justice Department aiming to prevent the merger.
The imminent decision in the merger trial involving JetBlue Airways (B6) and Spirit Airlines (NK) has the potential to impact the entire airline industry significantly.
BOSTON- As the antitrust trial concluded, a federal judge, deliberating on the U.S. Justice Department’s attempt to thwart JetBlue Airways’ (B6) planned $3.8 billion acquisition of Spirit Airlines (NK), suggested on Tuesday the potential approval of the deal if JetBlue were to divest additional assets.