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BIZARRE: 18 - You Need To See This

After $3.6 billion offer, Spirit Airlines agrees to negotiate with JetBlue

A new takeover offer for Spirit Airlines by JetBlue Airways of New York is now viewed as attractive enough for the South Florida-based carrier to enter into negotiations aimed at cutting a deal.

Tribune News Service

Morning Brief: Top Stories Dominating Financial Media on Friday, April 8

Reuters

Benzinga

Spirit Airlines Plans To Initiate Discussions With JetBlue On $3.6B Bid

Spirit Airlines Inc (NYSE:SAVE) Board has agreed to engage in discussions with JetBlue Airways (NASDAQ:JBLU) concerning an all-cash transaction for $33/share. Related: Spirit Airlines Gets Second Takeover Bid This Year: What Investors Should Know Spirit remains bound by the terms of the merger agreement with Frontier Group Holdings, Inc. (NASDAQ:ULCC). Spirit's Board has not determined that JetBlue's proposal…

Benzinga

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Spirit Airlines will talk to JetBlue about takeover bid

The fight for Spirit Airlines is heating up again

The Independent UK

JetBlue and Frontier are fighting to buy Spirit Airlines. What does that mean for South Florida?

The impending loss of Spirit Airlines as South Florida’s hometown air carrier could have a number of ramifications, ranging from hits on local employment and facilities to spikes in the prices leisure travelers pay to visit the region.

Tribune News Service

JetBlue ofrece $3,600 millones por Spirit para frustrar fusión con Frontier

Apr. 6—JetBlue Airways hizo una oferta no solicitada en efectivo para adquirir Spirit Airlines por un poco más de $3,500 millones, dos meses después que la compañía con sede en Miramar dijera que se fusionaría con su rival Frontier.

Tribune News Service

‘Abandoned’ cabin crew forced to sleep on floor of airport due to flight cancellations

‘Crews were abandoned,’ says flight attendants union

The Independent UK

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American Airlines vs. JetBlue: Which Stock Is a Better Buy?

Airline stocks such as American Airlines (AAL) and JetBlue (JBLU) have trailed the broader markets in the last year. The two companies are expected to report losses in 2022 due to lower capacity, higher unit costs, and macro-economic uncertainty.

StockNews.com

Why JetBlue Airways Stock Is Falling Today

JetBlue Airways Corp (NASDAQ: JBLU) shares are trading lower Wednesday morning after the company confirmed it made a $3.6 billion offer to acquire Spirit Airlines Inc (NYSE: SAVE).

Benzinga

JetBlue Airways steps up as a rival suitor for Spirit Airlines with all-cash takeover offer

South Florida-based Spirit Airlines acknowledged Tuesday that it has attracted a surprise new suitor in JetBlue Airways of New York, which is seeking to outbid a recent merger offer by Frontier Airlines of Denver.

Tribune News Service

Spirit Airlines Gets Second Takeover Bid This Year: What Investors Should Know

Spirit Airlines Incorporated (NYSE: SAVE) on Tuesday announced it received a purchase proposal from JetBlue Airways Corporation (NASDAQ: JBLU) to buy the company’s outstanding shares for $33 apiece.

Benzinga

JetBlue makes offer for Spirit Airlines, could spark bid war

JetBlue Airways is trying to buy Spirit Airlines and break up a plan for Spirit to merge with fellow budget airline Frontier

The Independent UK

Why Spirit Airlines Shares Are Taking Off

Spirit Airlines (NYSE: SAVE) shares are trading higher following an NYT report suggesting JetBlue Airways Corp (NASDAQ:

Benzinga

Airlines cancel more than 3,500 US flights over weekend

Airlines have canceled more than 3,500 U.S. flights this weekend and delayed thousands more, citing bad weather in Florida and other issues

The Independent UK

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Benzinga

JetBlue Commits To Add Thousands Of Jobs To New York City

JetBlue Airways Corp (NASDAQ:JBLU) will be adding 5,000 jobs in New York City in 2022, stated the company and New York City Mayor Eric Adams. JetBlue will also work with the city to create a new workforce partnership to connect more New Yorkers with high-quality JetBlue jobs and develop a strong pipeline…

Benzinga

JetBlue, Qatar Airways Plan To Expand Existing Global Partnership

JetBlue Airways Corp (NASDAQ:JBLU) intends to expand its existing partnership with Qatar Airways to offer customers more benefits when booking travel to and from international destinations. The arrangement will include more codesharing in additional markets in the coming months, added benefits for JetBlue TrueBlue and Qatar Airways' Privilege Club loyalty members, expanded marketing…

StockNews.com

Is JetBlue a Good Airline Stock to Buy Now?

Shares of JetBlue Airways (JBLU) have declined significantly over the past few months because of the setback tied to the omicron coronavirus variant and the Russian invasion of Ukraine. However, can it rebound by leveraging its services? Let’s find out.

The Guardian - US

Drunk pilot removed from cockpit of JetBlue flight to Florida

The pilot reportedly downed seven to eight drinks before boarding the plane

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The Independent UK

‘Drunk’ JetBlue pilot removed from cockpit after his blood alcohol level was four times the legal limit

The pilot reportedly admitted to consuming seven to eight drinks the night before his flight from New York to Florida

The Independent UK

JetBlue pilot removed from cockpit after test showed his blood alcohol level was four times the legal limit

The pilot reportedly admitted to consuming seven to eight drinks the night before his flight from New York to Florida

The Independent UK

Woman claims JetBlue left passengers stranded for two days

‘We have kids, we have jobs, and this is ridiculous. We’re all waiting’

Benzinga

JetBlue Converts 30 Airbus Aircraft Options To Firm Order; Accelerates E190 Retirement

JetBlue Airways Corp (NASDAQ:JBLU) exercises its option to add 30 additional Airbus SA (OTC:EADSY) A220-300 aircraft to its order book, bringing the total number of A220s in the airline's fleet and on order to 100. "We're already seeing benefits from the eight A220s we've added to the fleet, and we're very happy to have more…

The Independent UK

More than 4,000 US flights cancelled as powerful winter storm hits northeast

Hundreds of flights from northeast airline hubs are cancelled in advance of weekend nor’easter

Benzinga

JetBlue Stock Gains Post Q4 Results, Hopes On Sequential Month-On-Month Improvement

JetBlue Airways Corp (NASDAQ:JBLU) reported a fourth-quarter FY21 adjusted loss per share of $(0.36) compared to adjusted EPS of $0.56 in 4Q19, beating the consensus of $(0.38). Capacity declined by 5.4% year over two, in line with its planning assumption of a 4%-7% decline year over two. Operating revenue declined 9.7% compared to…

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