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When AirTran was acquired by Southwest Airlines in 2011, Fornaro received a payment of $2.9 million. [4] Fornaro acted as a consultant for the integration of the airlines. [5] In May 2014, Fornaro was elected to the board of directors of Spirit Airlines. [6] On 5 January 2016, Fornaro was appointed CEO of Spirit Airlines, replacing Ben Baldanza ...
Blaine Hurst is an entrepreneur, businessman, and restaurateur. Currently, Hurst is President and Chief Executive Officer of Panera, LLC. [1] Hurst was named Chief Executive Officer of Panera effective January 1, 2018, following the chain's acquisition by JAB Holdings in July 2017 for roughly $7.5 billion, and served as its President since December 2016.
Basil Ben Baldanza Jr. (December 3, 1961 – November 5, 2024) was an American business executive who was the chief executive officer and president of Spirit Airlines from 2005 to 2016, a period in which he led the transformation of the company into an ultra-low-cost carrier.
A U.S. bankruptcy judge on Thursday approved Spirit Airlines' debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from bankruptcy as a private company.
Why Spirit rejected Frontier's offer, twice. The competing Denver-based low-cost airline first offered to buy Spirit Airlines in 2022 but was outbid by a $3.8 billion JetBlue deal. A federal judge ...
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In 1999, in addition to the 20 St. Louis Bread Company stores, Shaich's Panera Bread had more than 150 cafes. [20] [23] By 2000, Panera Bread, under Shaich's leadership, had 227 stores open across 27 states and $202 million in sales. Its stock went from $6 per share in 1999 to $19 per share in 2000 about a year later. [23]
Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday. The company told customers they could continue to fly with the airline. Spirit's letter to customers explains the process.