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Spirit Airlines Takeover

Follow our airline news for complete coverage and analysis of the competing efforts by Frontier Airlines and JetBlue Airways to buy Spirit Airlines.

Airlines

JetBlue-Spirit’s Next Battle and Other Top Stories This Week

In Skift's top stories this week, JetBlue prepares for a fight in its bid to acquire Spirit, Graduate Hotels targets college football fans, and destinations see significant benefits in attracting digital nomads.

Sonia Menken | 2 years ago

JetBlue-Spirit’s Next Battle and Other Top Stories This Week

Airline Weekly

Spirit Airlines Is Latest to Blame Its Slower Recovery on Air Traffic Control Staffing Issues

Spirit Airlines lost money in the June quarter for the obvious reasons, including fuel, but also because air traffic control staffing issues that its executives say are slowing the recovery.

2 years ago
Spirit Airlines Is Latest to Blame Its Slower Recovery on Air Traffic Control Staffing Issues

Airlines

JetBlue’s Next Challenge: U.S. Officials

Today’s edition of Skift’s daily podcast looks at JetBlue’s coming regulatory fight, Graduate Hotels’ sports play, and Inspirato’s earnings.

Rashaad Jorden | 2 years ago

JetBlue’s Next Challenge: U.S. Officials

Airlines

The JetBlue-Spirit Airline Union: Let the Lawyering Begin

JetBlue has the takeover deal it wanted. But before getting control of its rival Spirit, Washington will need to give its green light. Here are the ways this could unfold.

Jay Shabat, Skift | 2 years ago

The JetBlue-Spirit Airline Union: Let the Lawyering Begin

Airline Weekly

JetBlue Faces Problem With Rising Costs: How the Spirit Merger Won’t Help

JetBlue's cost problems shone brightly in the second quarter when, despite record revenues, the airline lost money. The airline's planned merger with Spirit is only likely to exacerbate the situation.

2 years ago
JetBlue Faces Problem With Rising Costs: How the Spirit Merger Won’t Help

Airlines

JetBlue to Buy Spirit Airlines for $3.8 Billion

It's taken JetBlue four attempts to buy Spirit. Now it's crossed the line in a deal that's worth $3.8 billion, as long as it doesn't raise any antitrust red flags in Washington, D.C.

Matthew Parsons | 2 years ago

JetBlue to Buy Spirit Airlines for $3.8 Billion

Airlines

Spirit Rejects Frontier and Continues JetBlue Talks

Today’s edition of Skift’s daily podcast looks at the latest in Spirit’s takeover, Colombia’s tourism revamp, and Wyndham’s revenue strategy.

Rashaad Jorden | 2 years ago

Spirit Rejects Frontier and Continues JetBlue Talks

Airlines

Spirit Says Merger With Frontier Is Off as Negotiations With JetBlue Continue

Spirit rejecting Frontier's merger deal is stunning considering Spirit had given indications it preferred a merger with Frontier after JetBlue's repeated offers.

Rashaad Jorden | 2 years ago

Spirit Says Merger With Frontier Is Off as Negotiations With JetBlue Continue

Hotels

What 12 Hotel CEOs Were Paid in 2021

Today’s edition of Skift’s daily podcast looks at hotel CEO pay, the Spirit-Frontier-JetBlue takeover drama, and surging short-term rental prices in the U.S.

Rashaad Jorden | 2 years ago

What 12 Hotel CEOs Were Paid in 2021

News Blog

Shareholder Group Recommends Against Spirit-Frontier Merger

Shareholder group Institutional Shareholder Services (ISS) is advising investors in Spirit Airlines to vote against a proposed merger with Frontier Airlines. "The proposal from JetBlue appears to represent a superior alternative," ISS said in a report Friday. "Shareholders are therefore recommended to vote AGAINST the proposed merger with Frontier." The recommendation is a reverse of…

Edward Russell | 2 years ago