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The FBI issued a warning on social media that a sophisticated group of hackers is targeting the airline industry, putting its ...
Boeing’s production slowdown impacts key supplier Spirit AeroSystems, leading to revenue declines and rising debt. The UK-reviewed merger deal is crucial for injecting much-needed liquidity into the s ...
Spirit Airlines filed a regulatory complaint this week against two rival airlines, according to media reports.
United declined to comment. In March 2024, JetBlue and Spirit scrapped a $3.8 billion merger agreement after a U.S. judge blocked the deal on anticompetition concerns.
Spirit Airlines has been in the middle of a brand overhaul in recent months and years as it looks to shed its budget airline reputation and compete with some of the other major airlines throughout ...
Why Spirit rejected Frontier's offer, twice The competing Denver-based low-cost airline first offered to buy Spirit Airlines in 2022 but was outbid by a $3.8 billion JetBlue (JBLU) deal. A federal ...
Spirit Airlines stock will continue to be traded on the New York Stock Exchange for one more week, before being delisted. The airline declared bankruptcy last month.
Back in early 2023, the Justice Department sued to block the proposed merger between JetBlue and Spirit Airlines, citing the potential to reduce consumer options in the low-fare airline industry ...
When the Biden administration blocked the merger of Spirit Airlines and JetBlue, it led to Spirit's bankruptcy. It's emblematic of the president's disastrous economics.
Meet the latest victim of Biden Administration antitrust policy: Spirit Airlines. Spirit declared bankruptcy Monday after the Justice Department cut off a lifeline by blocking its merger with ...
When the Biden administration blocked the merger of Spirit Airlines and JetBlue, it led to Spirit's bankruptcy. It's emblematic of the president's disastrous economics.
Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with bond holders to restructure its debt.
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