Articles tagged “jetblue-spirit merger”

Airlines

Spirit Airlines Extends Key Deadline to Refinance Debt as Bankruptcy Speculation Looms

Some Wall Street analysts had speculated that if Spirit wasn’t able to reach refinance or extend the deadline on a credit card processing agreement, then bankruptcy could have been on the table.

Spirit Airlines Extends Key Deadline to Refinance Debt as Bankruptcy Speculation Looms

Airlines

Spirit Airlines in Talks With Bondholders Over Potential Bankruptcy Filing: WSJ

Just months ago, Spirit CEO Ted Christie said the budget carrier was not considering a chapter 11 bankruptcy.

Spirit Airlines in Talks With Bondholders Over Potential Bankruptcy Filing: WSJ

Airlines

JetBlue’s CEO on Mergers, Lounges and Getting Past Engine Issues

JetBlue CEO Joanna Geraghty said at the Skift Global Forum that JetBlue is focused on its “core strategy” as it seeks to become consistently profitable.

JetBlue’s CEO on Mergers, Lounges and Getting Past Engine Issues

Airlines

JetBlue Raises Third-Quarter Outlook, Sees Bump in Summer Bookings

It looks like JetBlue’s new strategy that emphasizes cutting unprofitable routes and bolstering leisure capacity in the East Coast is continuing to pay off.

JetBlue Raises Third-Quarter Outlook, Sees Bump in Summer Bookings

Airlines

JetBlue Posts Surprise Profit as New Strategy Starts to Pay Off

JetBlue’s strategy of cutting unprofitable routes and focusing on its core markets is starting to see returns — the carrier unexpectedly reported a profit in the second quarter.

JetBlue Posts Surprise Profit as New Strategy Starts to Pay Off

Airlines

Spirit Airlines Lowers Outlook, Cites Weaker Revenue From Fees

The ultra-low-cost carrier lowered its revenue outlook for the second quarter, blaming softer ancillary sales.

Spirit Airlines Lowers Outlook, Cites Weaker Revenue From Fees

Airlines

Spirit Airlines Is Not Considering a Chapter 11 Bankruptcy, CEO Says

Spirit’s CEOs comments come as S&P downgraded the carrier’s credit rating earlier this week, potentially hurting its ability to refinance its debt. The carrier has $1.1 billion in debt set to mature in September 2025.

Spirit Airlines Is Not Considering a Chapter 11 Bankruptcy, CEO Says

Airlines

JetBlue Slashes its Winter Transatlantic Schedule — A Sign of Weakness or Strength?

Almost a third of the airline's long-haul European capacity is being cut as it redeploys aircraft and resources to routes in the Americas.

JetBlue Slashes its Winter Transatlantic Schedule — A Sign of Weakness or Strength?

Airlines

Spirit CEO Slams Airline Industry as ‘Rigged Game’ as Carrier’s Losses Widen

Spirit CEO Ted Christie had some choice words for the current state of the airline industry as the ultra-low-cost carrier reported a greater first-quarter loss.

Spirit CEO Slams Airline Industry as ‘Rigged Game’ as Carrier’s Losses Widen

Airlines

JetBlue Posts a Loss as It Struggles With Elevated Capacity in Popular Markets

JetBlue reported a $716 million loss on Tuesday as it recalibrates its strategy as a standalone carrier following the termination of its merger with Spirit Airlines.

JetBlue Posts a Loss as It Struggles With Elevated Capacity in Popular Markets