Ted Christie, Spirit’s CEO, said: “Convincing the DoJ or a court should be allowed to form an anti-competitive alliance that aligns JetBlue’s interests with a former carrier and then make an acquisition that would eliminate the largest ULCC carrier. It is unlikely,” he said. , referring to the airline’s stance as an ultra-low-cost carrier, told …
Continue reading “JetBlue Submits Hostile Takeover Offer for Spirit Airlines”
Spirit Airlines on Monday rejected a buyout offer from JetBlue Airways, saying the offer is unlikely to be approved by regulators. In a letter to JetBlue, Spirit executives said they determined that JetBlue’s takeover offer was unlikely to be approved as long as the airline’s recently announced partnership with American Airlines was in effect. Spirit …
But airlines are now starting to shrink their promises. “These companies are businesses first and foremost, and at some point they need to look at the economics of having these obligations,” he said, referring to those miles and coupons. But he added that they must do so fairly, with clearly communicated policies and without reversing …
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American Airlines said on Thursday it lost $1.6 billion in the first three months of the year but, like its peers, is optimistic about the strength of the recovery in the months ahead. “The demand landscape is very strong,” American CEO Robert Isom said in a statement. “As a result, we expect to be profitable …
Continue reading “American Airlines Reports First Quarter Loss, But Explosion Expects”
After a federal judge closed the case United States mask requirement for airplanes, trains, buses, and other public transportation On Monday, some European airlines made wearing masks optional for passengers on transatlantic flights. Rules in Europe were already changing, and a number of European countries were well ahead of the United States in easing coronavirus …
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Spirit Airlines said Thursday it will begin talks with JetBlue Airways to merge the two companies, a deal that threatens to scupper Spirit’s merger plans with Frontier Airlines. Spirit said in a statement that it had consulted with outside financial and legal advisors and determined that JetBlue’s proposal “reasonably” could undertake the cash and stock …
JetBlue Airways has made an offer to acquire Spirit Airlines for approximately $3.6 billion, three people with knowledge of the matter said have thrown a wrench in Spirit’s plan to merge with Frontier Airlines. Spirit and Frontier, two budget carriers operating largely domestically, agreed to merge In early February, the companies were in a deal …
Senior executives of the nation’s biggest airlines asked President Biden on Wednesday to allow the federal mask requirement at airports and on planes to expire next month. The group has also asked the government to remove the requirement that visitors from abroad take a negative coronavirus test before traveling to the United States. Senior executives …
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United Airlines, one of the first major businesses to mandate vaccination against the coronavirus, will allow workers granted religious or medical exemptions to return to work later this month. About 2,200 United employees received exemptions last year. They took unpaid leave or moved to roles that did not involve face-to-face contact with customers. These employees …
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Two of the leading budget airlines in the US, Frontier Airlines and Spirit Airlines, announced on Monday that they have agreed to merge. The airlines, which together offer 1,000 daily flights serving destinations in the United States, the Caribbean and Latin America, said: in a statement they would save $1 billion a year from the …
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Delta Air Lines and a major flight attendants union are quarreling over whether the company’s new isolation policy for employees who test positive for coronavirus puts employees and passengers at risk. The airline’s chief legal officer sent a letter to the Flight Attendants Association-CWA on Friday, stating that it had published “false and defamatory information” …
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Federal health officials have directed airlines to provide the Centers for Disease Control and Prevention with the names and contact details of all passengers boarding flights to the United States since Nov. The directive published on WednesdayValid for passengers who have spent time in the Kingdoms of Botswana, Eswatini and Lesotho, Malawi, Mozambique, Namibia and …
Continue reading “CDC Tells Airlines to Disclose Details on Southbound Passengers”