JetBlue

Spirit Airlines has postponed a special meeting during which its stockholders were to vote on a proposed merger agreement with fellow ultra-low-cost carrier (ULCC) Frontier. The meeting, originally scheduled for June 10, will now take place on June 30. Spirit says the extension will allow its board of directors to “continue discussions with Spirit stockholders, […]

The board of directors for Spirit Airlines has unanimously determined that an offer from JetBlue Airways to acquire all outstanding shares of Spirit’s common stock was not in the best interests of the airline and its stockholders. The board’s Thursday announcement came in response to JetBlue filing a proxy statement and launching a website last […]

JetBlue has filed a proxy statement and launched a website urging Spirit Airlines shareholders to vote against a proposed merger between Spirit and fellow ultra-low-cost carrier Frontier Airlines. Spirit rejected a competing purchase offer from JetBlue earlier this month, citing a low probability of obtaining antitrust clearance. According to JetBlue, its latest offer, made on […]

Ultra-low-cost carrier (ULCC) Spirit Airlines has rejected a purchase offer from JetBlue citing a low probability of obtaining antitrust clearance. JetBlue launched the bid, which is competing against a prior merger agreement between Spirit and Frontier Airlines, last month. In spite of JetBlue’s proposal offering significantly more than the current value of Frontier’s bid, Spirit […]

A pilot suspected of reporting for duty drunk was removed from the cockpit of a JetBlue Airbus A320 by airport police at Buffalo Niagara International Airport (BUF) on Wednesday. According to authorities, the 52-year-old pilot registered a blood alcohol concentration of 0.17, more than four times the legal limit for a required crew member, on […]