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Spirit Airlines Will Delay Plane Purchases and Furlough Pilots
Posted inAntitrust Laws and Competition Issues Credit and Debt Engines JetBlue Airways Corporation Layoffs and Job Reductions Mergers, Acquisitions and Divestitures Pilots Pratt & Whitney Spirit Airlines United States

Spirit Airlines Will Delay Plane Purchases and Furlough Pilots

The low-cost airline, which has been unprofitable for four years, is trying to reduce costs after a federal judge blocked a proposed deal for JetBlue to acquire Spirit.
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Posted by By Niraj Chokshi
JetBlue and Spirit Call Off Their Merger
Posted inAntitrust Laws and Competition Issues Decisions and Verdicts JetBlue Airways Corporation Justice Department Mergers, Acquisitions and Divestitures Regulation and Deregulation of Industry Spirit Airlines

JetBlue and Spirit Call Off Their Merger

JetBlue said it would pay Spirit $69 million to terminate the $3.8 billion deal, which had been blocked by federal antitrust regulators.
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Posted by By J. Edward Moreno
JetBlue Says It May Back Out of Deal to Acquire Spirit Airlines
Posted inAntitrust Laws and Competition Issues Decisions and Verdicts JetBlue Airways Corporation Mergers, Acquisitions and Divestitures Spirit Airlines Stocks and Bonds United States

JetBlue Says It May Back Out of Deal to Acquire Spirit Airlines

JetBlue now says that it could back out of the acquisition just a week after the company said it intended to appeal a judge’s decision to block the deal.
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Posted by By J. Edward Moreno
The Top Takeaways From Davos
Posted inJetBlue Airways Corporation Switzerland

The Top Takeaways From Davos

Artificial intelligence was the unofficial theme at the annual gathering of world leaders.
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Posted by By Michael J. de la Merced and Lauren Hirsch

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