Spirit Airlines Stock News

Shares of Spirit Airlines (NYSE: SAVE ) stock are taking a tumble after the discount airliner announced that its $3.8 billion merger with JetBlue (NYSE: JBLU ) had been called off. This morning, the t

Spirit and JetBlue have officially abandoned their planned merger after running up against regulatory opposition. Spirit will now have to navigate a difficult operating environment on its own, with la

Low-cost carriers JetBlue and Spirit called off their proposed $3.8 billion merger on Monday — weeks after a federal judge blocked the deal on anti-competition concerns. A successful deal would hav

The price JetBlue had agreed to pay was looking like way too much.

Deal would have created fifth-largest US carrier but judge said it would harm consumers by reducing competition

The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers.

Spirit Airlines Inc tanked 20% in premarket on Monday after JetBlue Airways Corporation terminated its $3.8 billion merger agreement with the ultra-low-cost carrier. The news arrives shortly after a f

JetBlue and Spirit agreed to terminate their merger agreement after facing regulatory hurdles. The airlines issued a joint statement saying that the decision "is the best path forward.

Low-cost carrier JetBlue Airways said on Monday it has terminated its $3.8 billion merger agreement with rival Spirit Airlines , after a U.S. judge blocked the deal on anti-competition concerns.

JetBlue and Spirit Airlines had appealed a federal judge's decision to block their merger earlier in January.

Spirit Air has trouble generating positive free cash flow. The company's merger with JetBlue was just blocked.

Billionaire investor George Soros' investment fund has placed new bets on low-cost and ultra-low-cost U.S. airlines, going for fresh stakes in JetBlue Airways Corp., Spirit Airlines Inc. and Sun Count

Some pilots at Spirit Airlines are looking for new job opportunities after the Department of Justice blocked the budget carrier's proposed merger with JetBlue Airways last month.

Spirit Chief Financial Officer Scott Haralson last week said the company was looking into "right sizing" its labor costs, adding to the uneasiness.

Some pilots at Spirit Airlines are worried and scouring for other opportunities after a U.S. judge last month blocked the low-cost air carrier's proposed merger with competitor JetBlue Airways , throw