Tag: spirit

BUSINESS

JetBlue And Spirit Airlines Set To File Appeal

JetBlue and Spirit Airlines have filed a notice of appeal with the 1st US Circuit Court of Appeals against a federal judge’s ruling that blocked their plan to combine into a single carrier. The United States Justice Department, which sued to block JetBlue’s proposed US$3.8 billion purchase of Spirit, declined to comment. JetBlue and Spirit are the nation’s sixth and […]

BUSINESS

JetBlue Up Offer To Buy Spirit Airlines

U.S. low-cost carrier JetBlue Airways has improved its offer to purchase Spirit Airlines. JetBlue increased its reverse break-up fee by US$150 million to $350 million, payable to Spirit shareholders in case the deal falls through due to anti-competition concerns. The revised offer comes days after Frontier Airlines agreed to pay Spirit a break-up fee of  $250 million. JetBlue Airways originally […]

BUSINESS

Spirit Airlines Set To Fly Again To The Caribbean

According to press reports, Spirit Airlines is reportedly planning a major re-launch of its flight service to the Caribbean over the next two months. This comes against the backdrop of the closure of Caribbean countries as they took steps to arrest the COVID-19 pandemic which has been wreaking havoc around the world. Regional magazine Caribbean Journal says the low-cost carrier […]