Smaller airlines pursue buyouts to bulk up amid recovery
2 years, 8 months ago

Smaller airlines pursue buyouts to bulk up amid recovery

Associated Press  

NEW YORK — Smaller airlines are looking to bulk up to take advantage of an expected recovery in air travel. Fleet size is a key motive for JetBlue’s recent bid to woo budget carrier Spirit Airlines and break up that company’s deal with rival Frontier. Adding Spirit’s current fleet would boost JetBlue’s by 60% to more than 450 planes. “The way I think about it, it is speeding up what we would have taken years to do,” said JetBlue CEO Robin Hayes, speaking with investors about the buyout offer. Hayes said the deal would help give JetBlue the ability to be more relevant in markets where legacy airlines’ bigger fleets let them offer more flights and better schedules.

History of this topic

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1 week, 6 days ago
Spirit Airlines filed for bankruptcy. What does that mean for travelers?
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1 month ago
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1 month ago
Spirit Airlines files for bankruptcy protection as financial losses pile up
1 month, 1 week ago
Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up
1 month, 1 week ago
Spirit Airlines prepares for bankruptcy - sparking fears of mass route cancellations across America
1 month, 1 week ago
Spirit Airlines is going upscale. In a break from its history, it will offer fares with extra perks
4 months, 3 weeks ago
Frontier Airlines, stuck in a money-losing slump, is dumping change fees and making other moves
7 months, 1 week ago
JetBlue-Spirit Airlines $3.8b merger cancelled after judge blocked deal
9 months, 2 weeks ago
JetBlue and Spirit are ending their $3.8 billion merger plan after a federal judge blocked the deal
9 months, 2 weeks ago
JetBlue and Spirit end their $3.8-billion merger plan after a federal judge blocked the deal
9 months, 3 weeks ago
Court sets June hearing for JetBlue and Spirit appeal of a ruling blocking their $3.8 billion merger
10 months, 3 weeks ago
JetBlue tells Spirit Airlines that it may terminate its $3.8 billion buyout offer challenged by US
10 months, 4 weeks ago
JetBlue’s incoming CEO clings to Spirit deal with few other options
11 months ago
JetBlue and Spirit Airlines say they will appeal a judge’s ruling that blocked their merger
11 months ago
With merger scuttled, Spirit Airlines faces an uncertain future. Is bankruptcy a possibility?
11 months, 1 week ago
The JetBlue-Spirit Airlines merger was blocked by a federal judge. Here's what you need to know
11 months, 1 week ago
The JetBlue-Spirit Airlines merger was blocked by a federal judge. Here’s what you need to know
11 months, 1 week ago
JetBlue’s $3.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competition
11 months, 1 week ago
Judge blocks JetBlue’s $3.8-billion buyout of Spirit Airlines, cites competition threat
11 months, 1 week ago
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
1 year ago
Biden administration takes on JetBlue as its fight against industry consolidation goes to court
1 year, 1 month ago
Biden administration and JetBlue square off in court over Spirit deal
1 year, 1 month ago
American Airlines and JetBlue will end their partnership next week after losing antitrust case
1 year, 5 months ago
JetBlue is dumping its partnership with American Airlines to salvage its purchase of Spirit
1 year, 5 months ago
American Airlines, JetBlue seek to keep some ties despite losing antitrust case
1 year, 6 months ago
JetBlue strikes a deal to sell Spirit’s LaGuardia operation if it succeeds in buying Spirit
1 year, 6 months ago
US sues to block JetBlue from buying Spirit Airlines
1 year, 9 months ago
Spirit Airlines shareholders approve $3.8B sale to JetBlue
2 years, 2 months ago
American Airlines CEO defends JetBlue deal to federal judge
2 years, 2 months ago
JetBlue CEO first witness in US lawsuit against 2 airlines
2 years, 2 months ago
US case against American Airlines and JetBlue heads to court
2 years, 2 months ago
JetBlue is buying Spirit for $3.8 billion after bidding war
2 years, 4 months ago
With Frontier deal dead, Spirit ponders sale to JetBlue
2 years, 4 months ago
Frontier Airlines says it lacks the votes for Spirit merger
2 years, 5 months ago
Spirit’s delay allows airline bidding war time to play out
2 years, 5 months ago
Merger vote at Spirit could reshape discount airline market
2 years, 5 months ago
Merger vote at Spirit could reshape discount airline market
2 years, 5 months ago
Spirit expects to pick JetBlue or Frontier by month’s end
2 years, 6 months ago
Spirit Airlines delays shareholder meeting as it weighs Frontier, JetBlue bids
2 years, 6 months ago
Spirit Airlines board urges shareholders to reject JetBlue offer
2 years, 7 months ago
Spirit still prefers bid from Frontier Airlines over JetBlue
2 years, 7 months ago
Spirit Airlines will talk to JetBlue about takeover bid
2 years, 8 months ago
Spirit Airlines will talk to JetBlue about takeover bid
2 years, 8 months ago
JetBlue makes offer for Spirit Airlines, could spark bid war
2 years, 8 months ago
Democrats say Spirit-Frontier merger could boost airfares
2 years, 9 months ago

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