JetBlue Airways Corp. JBLU and Frontier Group Holdings Inc. ULCC said late Thursday that they have reached an agreement in which JetBlue will divest all of the holdings of Spirit Airlines Inc. SAVE at
Spirit Airlines stock trades at a 50%-plus discount to the value of JetBlue's takeover offer. A federal judge's recent order that JetBlue and American Airlines must unwind their Northeast Alliance wil
Four years ago, electric vehicles were still a niche industry, accounting for 1.4% of total vehicle sales in the U.S., according to a report from CleanTechnica, a website covering the cleantech indust
Spirit Airlines (SAVE) first-quarter 2023 earnings and revenues surge year over year.
Spirit (SAVE) came out with a quarterly loss of $0.82 per share versus the Zacks Consensus Estimate of a loss of $0.89. This compares to loss of $1.60 per share a year ago.
On being put to vote, 75% flight attendants at Spirit Airlines (SAVE) vote in favor of the pay-related deal.
Spirit is currently trading at a deep discount to the acquisition price that JetBlue has offered. The market is implying that the transaction is unlikely to be completed and investors need to analyze

Banking, Coinbase, & M&A

07:03pm, Monday, 03'rd Apr 2023
Banking crisis. Coinbase's Wells Notice.
Increased air-travel demand is aiding Spirit Airlines' (SAVE) top-line performance. Rising fuel costs continue to weigh on the bottom line.

Why Airline Stocks Are Down Today

12:33pm, Wednesday, 15'th Mar 2023
United Airlines revised its guidance overnight, predicting a first-quarter loss due to higher fuel costs and the expected impact of a new pilot contract. The airline continues to forecast a strong pro
The airline industry expects demand to soar coming out of the pandemic. What does that mean for airline stocks?
Several airlines, from United Airlines (NYSE: UAL) to Spirit Airlines (NYSE: SAVE), have come out with updated guidance that points to headwinds in Q1. The news has the stock prices moving in differen
Spirit Airlines Inc. SAVE said Tuesday it now expects its fiscal first quarter operating expenses to range from $1.45 billion to $1.47 billion, some $60 million to $70 million higher than previous gui
The Department of Justice is suing to stop the proposed merger between JetBlue Airways (NASDAQ: JBLU) and Spirit Airlines (NYSE: SAVE) on antitrust grounds. A judge who is known for rapidly pushing ca

Why Spirit Airlines Stock Soared on Wednesday

06:19pm, Wednesday, 08'th Mar 2023
There was a development in the lawsuit aiming to block Spirit's acquisition by JetBlue. On Tuesday, the Department of Justice filed the suit, alleging that the deal would ultimately raise costs for co
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