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Spirit faced further difficulties when its planned merger with JetBlue was called off in March, two months after a federal judge blocked it. It expects to emerge from the process in the first ...
The company has had a tumultuous few years, with an engine recall in 2023 and a U.S. District Court judge blocking a proposed $3.8 billion merger with JetBlue in January. Spirit said last month it ...
Spirit has struggled since a proposed merger with JetBlue was abandoned in March. Spirit Airlines has filed for Chapter 11 bankruptcy protection, it said Monday morning.
Spirit Airlines' $3.8 billion sale to JetBlue isn't dead yet. The carriers said Friday that they will appeal a ruling by a federal judge earlier this week that blocked the deal on antitrust grounds.
The prospect of a JetBlue-Spirit Airlines merger took a major hit in court on Tuesday when a federal judge sided with the Biden administration and blocked the $3.8 billion deal. The judge ruled ...
A federal judge on Tuesday sided with the Biden administration and blocked JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition. The Justice ...
Spirit Airlines stock plunged 59% on Wednesday as the budget airline explores a deal with creditors to restructure its debt amid a reported threat of bankruptcy after merger talks with Frontier ...
JetBlue Airways and Spirit Airlines are ending their proposed $3.8 billion merger weeks after a federal judge blocked the deal, saying it would hurt consumers who depend on Spirit's lower fares.