JetBlue and Spirit Airlines Cancel $3.8 Billion Merger Agreement Amid Competition Concerns

JetBlue and Spirit Airlines Cancel $3.8 Billion Merger Agreement Amid Competition Concerns

Low-cost carriers JetBlue Airways and Spirit Airlines cancel $3.8-billion merger Low-cost carriers JetBlue Airways and Spirit Airlines cancel $3.8-billion merger Merger Blocked Due to Anti-Competition Concerns By Editor Washington (Reuters) – In a significant turn of events, JetBlue Airways and Spirit Airlines have mutually agreed to cancel their $3.8-billion merger agreement. This decision comes after … Read more

Activist Investor Carl Icahn acquires 9.91% Stake in Undervalued JetBlue Airways

Activist Investor Carl Icahn acquires 9.91% Stake in Undervalued JetBlue Airways

Activist Investor Carl Icahn Discloses 9.91% Stake in JetBlue Airways Corp. In a surprising move, renowned activist investor Carl Icahn has revealed a 9.91% stake in JetBlue Airways Corp., citing the stock as undervalued. Icahn also informed that he has engaged in discussions with the management concerning possible representation on the board. Shares Surge as … Read more

Spirit Airlines Mistakenly Sends Child to Wrong Airport: Internal Investigation and Employee Fired

Spirit Airlines Mistakenly Sends Child to Wrong Airport: Internal Investigation and Employee Fired

The child was supposed to have been on a Spirit plane from Philadelphia International Airport to Southwest Florida International Airport in the city of Fort Myers on December 21. However, he was put on a flight to Orlando, about 150 miles north. The grandmother, Maria Ramos, was supposed to pick up her grandchild but was … Read more

Technical Problem Causes Major Delays and Cancellations for Spirit Airlines

Spirit Airlines had a technical problem that caused delays in more than 90% of its flights this Thursday. As reported by NBC 4 New York, the company explained in a tweet that the malfunction affected Spirit.com, the airline’s app, and its customer service points at airports, leaving them out of service. The company reported that … Read more