A U.S. judge said on Thursday that the U.S. Justice Department's antitrust lawsuit against American Airlines Group Inc and JetBlue Airways Corp would go forward.
Spirit Airlines has postponed its Friday shareholder meeting where it was expected to vote on the proposed merger agreement with Frontier Group Holdings.
The special meeting has been moved to June 30 so Spirit's board can continue talks with Frontier and JetBlue.
Spirit Airlines is postponing its Friday shareholder meeting until June 30 so it can continue talks with stockholders, Frontier Airlines and JetBlue Airways.
Spirit Airlines Inc. SAVE, +2.12% said Wednesdy it is postponing the special shareholder meeting relating to its proposed merger with Frontier Airlines Inc. ULCC, +1.76% to June 30 at 9 a.m. Eastern.

JetBlue (JBLU) Ups Break-Up Fee in Bid for Spirit Airlines

03:03pm, Tuesday, 07'th Jun 2022 Zacks Investment Research
In an enhanced bid for Spirit Airlines, JetBlue (JBLU) not only raises its break-up fee but also promises to prepay part of the termination fee soon after the former's shareholders approve the deal.

Company News for Jun 7, 2022

01:36pm, Tuesday, 07'th Jun 2022 Zacks Investment Research
Companies in The News Are: SIAC,LLY,SEDG,SAVE,JBLU
In an enhanced bid for Spirit Airlines, JetBlue (JBLU) not only raises its break-up fee but also promises to prepay part of the termination fee soon after the former's shareholders approve the deal.

Spirit Airlines: Why I Voted for the Frontier Merger

12:21pm, Tuesday, 07'th Jun 2022 The Motley Fool
Frontier Airlines and JetBlue Airways are competing to buy Spirit Airlines, but the "higher" offer might not be the best one.
CNBC's Phil LeBeau joins 'Squawk Box' to report how a nationwide pilot shortage is impacting the busy summer travel season.
Brian Kelly, founder of travel website ‘The Points Guy,' joins CNBC's 'Squawk Box' with a look at the busy summer travel season. "All the signs are pointing to a pretty brutal summer," Kelly tells C
The offer now includes a $350 million breakup fee, $150 million more than the breakup fee JetBlue originally proposed.
JetBlue Airways Corporation (NASDAQ: JBLU) has no plans of giving up on Spirit Airlines Inc (NYSE: SAVE). On Monday, it sweetened its proposal to buy the ultra-low-cost air carrier to $31.50 a share.
Shares of SAVE stock closed higher by 7% after JetBlue raised its reverse break-up fee to $350 million from $200 million. The post SAVE Stock Gets Air as JetBlue Ups Bid for Spirit Airlines (Again) ap

Why Spirit Airlines Shares Are Taking Off Today

03:14pm, Monday, 06'th Jun 2022 The Motley Fool
JetBlue is upping the ante in its battle to acquire the discount airline.
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