JetBlue Airways Corporation - Latest News
WEBAug 26, 2024 · JetBlue Announces First Regular Supply of Blended Sustainable Aviation Fuel (SAF) for Commercial Air Travel in New York. 07/30/2024. JetBlue Announces Second Quarter 2024 Results. 07/24/2024. JetBlue Goes Big in Boston and New England, Adds Service to Manchester, NH, Expands Florida Routes and More. 07/23/2024.
JetBlue and Spirit Airlines terminate $3.8 billion merger - NBC News
WEBMar 4, 2024 · The news comes weeks after the two airlines lost a federal antitrust lawsuit that challenged the deal. ... He said Spirit shareholders received $425 million in prepayments from JetBlue during the ...
JetBlue is cutting unprofitable routes and leaving 5 cities - CBS News
WEBMar 21, 2024 · JetBlue Airways is eliminating a number of unprofitable routes to destinations in the U.S. and overseas as it moves to cut costs after a judge blocked its $3.8 billion bid for Spirit...
JetBlue and Spirit end $3.8B merger. Here's why | AP News
WEBMar 4, 2024 · JetBlue and Spirit Airlines are ending their proposed $3.8 billion merger after a federal judge blocked the deal, ruling it would hurt competition. JetBlue said Monday that even though both companies still believe in the benefits of a combination, they felt they were unlikely to meet the required closing conditions before a July 24 deadline.
JetBlue Announces Termination of Merger Agreement with Spirit
WEBMar 4, 2024 · JetBlue Announces Termination of Merger Agreement with Spirit. Positions JetBlue to focus on organic strategy and return to profitability. NEW YORK-- (BUSINESS WIRE)-- JetBlue (NASDAQ: JBLU) today announced that it has reached an agreement with Spirit Airlines (NYSE: SAVE) to terminate their July 2022 merger agreement.
JetBlue to buy Spirit for $3.8 billion in push to become the fifth ...
WEBJul 28, 2022 · JetBlue Airways has reached a $3.8 billion deal to buy Spirit Airlines in a takeover that would create the country’s fifth-largest airline and remove a fast-growing …
JetBlue shares jump after surprise profit in second quarter
WEBJul 30, 2024 · JetBlue Airways shares jumped 12% on Tuesday after the airline posted a surprise profit and said it would defer another $3 billion in aircraft spending through 2029 to improve cash flow. The ...
JetBlue to cut some routes in profitability push days after ... - NBC News
WEBJan 19, 2024 · JetBlue Airways told staff this week that it will cut some routes and service as it struggles to return to profitability and grapples with the fallout of its blocked plan to buy Spirit...
JetBlue, Spirit seek expedited appeal of ruling blocking merger
WEBJan 30, 2024 · JetBlue Airways and Spirit Airlines are seeking an expedited appeal aimed at reversing a lower court ruling that blocked their $3.8 billion merger.
What to know about the blocked JetBlue-Spirit Airlines merger | AP News
WEBJan 17, 2024 · A federal judge is siding with the Biden administration and blocking JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition. The Justice Department sued to block the merger, saying it would drive up fares by eliminating Spirit, the nation’s biggest low-cost airline.