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JetBlue extends tender offer for Spirit Airlines

JetBlue extends tender offer for Spirit Airlines

1 July 2022 Press Release Airline News

JetBlue has announced that its direct wholly owned subsidiary, Sundown Acquisition Corp. has extended the expiration date of the previously announced tender offer to purchase all of the outstanding shares of common stock, par value $0.0001 per share (the “Shares”), of Spirit Airlines, Inc. for $30.00 per share, net to the seller in cash, without interest and less any required withholding taxes, to 5:00 p.m., New York City time, on 29 July 2022.

Spirit Airlines directors urge stockholders to reject JetBlue offer

Spirit Airlines directors urge stockholders to reject JetBlue offer

21 May 2022 Press Release Airline News

Spirit Airlines has announced that its Board of Directors, after consultation with its outside financial and legal advisors, has unanimously determined that the tender offer from JetBlue Airways to acquire all outstanding shares of Spirit’s common stock for $30 per share in cash is NOT in the best interests of Spirit and its stockholders.

Frontier to acquire low-cost rival Spirit

Frontier to acquire low-cost rival Spirit

8 February 2022 Airline News

US low-cost carrier Frontier has agreed to acquire rival Spirit for $6.6 billion. If the deal is finalised, it will be the first large airline merger since the aviation industry was rocked by Covid-19.

Spirit Airlines agrees 100 A320neo deal with Airbus

Spirit Airlines agrees 100 A320neo deal with Airbus

24 October 2019 Airline News

Airbus and Spirit Airlines have agreed to a memorandum of understanding for the United States-based airline to acquire up to 100 A320neo planes. Spirit announced its intention to place firm orders for a mix of A319neo, A320neo, and A321neo to meet its future fleet requirements.

Spirit Airlines to launch flights from Pittsburgh

Spirit Airlines to launch flights from Pittsburgh

26 February 2017 Airline News

Low-cost carrier Spirit Airlines has announced that it will begin flying out of Pittsburgh International Airport in May 2017. Pittsburgh International Airport will become the 61st city to join its expanding network, with new non-stop service to seven popular destinations, including Dallas/Fort Worth, Myrtle Beach, Fort Lauderdale, Orlando, Las Vegas, Houston and Los Angeles