Justice Department Sues to Block JetBlue’s Acquisition of Spirit
DOJ filed a civil antitrust lawsuit today to block JetBlue Airways proposed $3.8 billion acquisition of its largest and fastest-growing ultra-low-cost rival, Spirit Airlines.
DOJ filed a civil antitrust lawsuit today to block JetBlue Airways proposed $3.8 billion acquisition of its largest and fastest-growing ultra-low-cost rival, Spirit Airlines.
The expansion adds flights to Atlanta (ATL), Chicago (ORD), Dallas (DFW), Detroit (DTW) and Hartford (BDL), growing Spirit’s Puerto Rico service from 11 destinations to 16 by June 2023.
Spirit Airlines today announced the addition of Charleston International Airport (CHS) to its route map with daily, nonstop flights to Fort Lauderdale (FLL), Newark (EWR) and Philadelphia (PHL) starting in April 2023.
Each Spirit Airlines Vector Light seat will be wider, include extra cushion and new, more comfortable features to enhance guest experience.
Just hours after a shareholders vote ended the Frontier bid, JetBlue and Spirit have announced that their boards of directors have approved a definitive merger agreement.
Spirit Airlines has announced a new milestone, adding Wi-Fi on flights operated by its Airbus A320 and A321 aircraft.
The new service launches with daily, nonstop routes to Las Vegas (LAS) and Orlando (MCO), offering affordable options to the two popular leisure destinations.
The U.S. Department of Transportation decided today to assign 16 peak-hour runway slots, previously operated by Southwest Airlines, at Newark-Liberty International Airport to Spirit Airlines.
Under the new deal, Frontier would pay a reverse termination fee of $250 million, or $2.23 per share in the event the deal falls through for antitrust reasons.
JetBlue has now offered an all-cash, fully financed tender offer to acquire all of the outstanding shares of Spirit for $30 per share.
Spirit intends to engage in discussions with JetBlue with respect to its proposal, in accordance with the terms of the company’s merger agreement with Frontier.
Spirit Airlines today announced four new routes for the NYC area with new, nonstop flight options serving destinations stretching from coast to coast.
The ultra-low-cost carrier headquartered in Miramar, Florida is making a big debut at MIA. Spirit will launch flights to nine destinations and grow to 31 destinations by January.
Frontier has launched flights from Miami International Airport to San Salvador, as well as its Guatemala City. Frontier is now serving both routes with twice-weekly service.
The airline will offer daily flights between LAX and Los Cabos International Airport (SJD) starting May 5, and nonstop flights to Puerto Vallarta’s Licenciado Gustavo Diaz Ordaz International Airport (PVR), starting on July 1.