Federal judges blocked JetBlue’s partnership with American Airlines and later a planned purchase of Spirit Airlines.
The unconfirmed combination could hold benefits for both carriers, but would likely encounter significant regulatory hurdles.
There's a growing volume of online chatter about the next big airline merger that's likely to be proposed, and much of it ...
Spirit’s approval comes after the third merger attempt by Denver-based ULCC Frontier Airlines, part of a back-and-forth ...
Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.
A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private ...
The United States Bankruptcy Court for the Southern District of New York approved the plan, which equitizes “$795 million of funded debt, receive $350 million in new equity investment and issue $840 ...
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process ...
Spirit Airlines has again rejected a third takeover bid from budget rival Frontier, saying that it would focus on its own ...
Spirit Airlines expects to emerge from Chapter 11 bankruptcy proceedings in the coming weeks after its plan of reorganization ...
JetBlue has taken several business decisions lately to restructure its operations in an attempt to improve its balance sheet.