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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 ...
The company had been exploring a merger with another low-cost airline, Frontier Airlines, in hopes of restructuring its debt and other liabilities without a bankruptcy filing. In March, JetBlue ...
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.
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 ...
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 ...
Shares of JetBlue Airways Corp. rose more than 5% before the market opened, while Spirit's stock slipped more than 13%. This article originally appeared on USA TODAY: JetBlue, Spirit Airlines end ...
Spirit's troubles deepened after the collapse of its $3.8 billion planned merger with JetBlue Airways in January and the impact of RTX's, Pratt & Whitney Geared Turbofan engines snag that grounded ...
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.