Spirit Airlines News
JetBlue extends tender offer for Spirit Airlines
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.
JetBlue raises proposal to acquire Spirit
JetBlue has announced that it has submitted a decisively superior proposal to the Board of Directors of Spirit to acquire all of the outstanding common stock of Spirit.
Spirit Airlines directors urge stockholders to reject JetBlue offer
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.
JetBlue calls for vote against Spirit/Frontier transaction
JetBlue has announced that it has filed a “Vote No” proxy statement urging Spirit shareholders to vote against the Spirit/Frontier transaction at Spirit’s upcoming special meeting.
Spirit Airlines confirms receipt of unsolicited proposal from JetBlue Airways
Spirit Airlines has announced that it has received an unsolicited proposal from JetBlue Airways to acquire all of the outstanding shares of Spirit’s common stock in an all-cash transaction for $33.00 per share.
Frontier to acquire low-cost rival Spirit
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 finalises huge Airbus A320neo order
Spirit is based in South Florida and is the fastest-growing airline in the United States, with flights throughout the United States, Latin America and the Caribbean.
Spirit Airlines agrees 100 A320neo deal with Airbus
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.
Sabre Corporation expands partnership with Spirit Airlines
Sabre Corporation will expand its digital operations technology alliance with Spirit Airlines. The deal will make the airline one of the first carriers to utilise the breadth of the innovative, next-generation Sabre Operations Platform.
Spirit Airlines launches new Orlando-St. Thomas, US Virgin Islands, flight
US Virgin Islands governor Kenneth Mapp has welcomed the inaugural Spirit Airlines flight from Orlando to St. Thomas on touchdown.
Spirt Airlines to offer new US Virgin Islands connection from Orlando
On the heels of the launch of new service between Fort Lauderdale and St. Croix, Spirit Airlines has announced even more flights to the US Virgin Islands from the Sunshine State.
Spirit Airlines to launch flights from Pittsburgh
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