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The Latest Breaking News from SAVE

Frontier, Spirit Airlines Amend Merger Agreement - See What's The Change

Spirit Airlines Inc (NYSE:SAVE) and Frontier Group Holdings Inc (NASDAQ:ULCC), the parent company of Frontier Airlines, Inc., amended their previously announced merger agreement. In the unlikely event the combination is not consummated for antitrust reasons, Frontier would pay a reverse termination fee of $250 million, or $2.23 per share, to Spirit under the provisions of…

Benzinga

Local leaders making noise to save Cambridge Hotel

THE battle to save Newcastle's iconic Cambridge Hotel has begun.

Newcastle Herald

2 Downgraded Airlines Stocks to Avoid

The airline industry has faced several operational challenges due to travel restrictions and other routine disruptions since the onset of the pandemic. Moreover, the staffing shortages are proving to be a significant challenge in the industry, compelling carriers to pare-back flying. Given the scenario, we think downgraded stocks JetBlue Airways…

StockNews.com

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Spirit Airlines Rejects JetBlue's Takeover Bid; JetBlue Renews Offer

Spirit Airlines, Inc. (NYSE: SAVE) has rejected the acquisition bid from JetBlue Airways Corp (NASDAQ: JBLU) and will proceed with the previously-announced merger agreement with Frontier Group Holdings, Inc.

Benzinga

Spirit Airlines Plans New Aircraft Maintenance Facility At Houston

Spirit Airlines Inc (NYSE:SAVE) plans to expand its presence in Houston by establishing an aircraft maintenance facility at George Bush Intercontinental Airport (IAH). The facility will serve as a large aircraft maintenance hangar with offices and warehousing for the Spirit Technical Operations team. The maintenance complex includes two aircraft bays and ramp space…

Benzinga

Ayr's Station Hotel could become wedding venue, hostel or arts space – conservation group

A report looking into the potential of the B-listed building being held up by scaffolding has been published by an organisation determined to save it.

Daily Record

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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Analyst 'Struggles to Find The Benefits' From JetBlue's Takeover Bid For Spirit

JetBlue Airways Corporation (NASDAQ: JBLU) has made a $33 per share offer for Spirit Airlines Incorporated (NYSE: SAVE), which equates to $3.7 billion in market capitalization, $7.4 billion in enterprise value and “

Benzinga

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

Calls for imaginative reuse of stores facing disuse, decay or demolition

Save Britain’s Heritage says department stores have been hit by the pandemic and changing shopping patterns, but the buildings can still be saved.

The Independent UK

3 Airline Stocks Wall Street Predicts Will Rally More Than 60%

Although an increase in jet fuel prices due to the Ukraine-Russia war has become a massive challenge for the recovering airline industry, rising travel demand globally should help many carriers advance. Hence, Wall Street Analysts expect the stocks of fundamentally sound carriers Frontier Group (ULCC), Spirit Airlines, Inc. (SAVE), and…

StockNews.com

What Airline Stocks Did After The Last 4 M&A Deals In The Industry

Spirit Airlines (NYSE: SAVE) and Frontier Airlines (NASDAQ: ULCC) announced a $2.9-billion merger Monday that aims to create one of the most competitive low-cost airfares in the U.S.

Benzinga

Spirit Airlines Whale Trades For February 07

A whale with a lot of money to spend has taken a noticeably bullish stance on Spirit Airlines. Looking at options history for Spirit Airlines (NYSE:SAVE) we detected 17 strange trades.

Benzinga

Here's What Spirit And Frontier Are Telling Customers About Their Planned Airline Merger

Spirit Airlines Inc (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC) on Monday announced plans to join forces in order to create a more competitive, ultra-low fare airline.

Benzinga

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Benzinga

Spirit Airlines: Q4 Earnings Insights

Spirit Airlines (NYSE:SAVE) reported its Q4 earnings results on Monday, February 7, 2022 at 06:31 AM. Here's what investors need to know about the announcement.

Benzinga

Spirit Airlines Q4 Results Top Street View

Spirit Airlines Inc (NYSE:SAVE) reported fourth-quarter operating revenue growth of 98.1% year-over-year to $987.56 million, and +1.8% compared to 4Q19, beating the consensus of $963.15 million. Operating expenses increased 59.3% Y/Y and 24.1% compared to 4Q19 to $1.05 billion. Operating loss improved to $(61.55) million, compared to $(159.92) million a year ago. Related: Frontier,…

Benzinga

Frontier, Spirit Airlines Agree To Merge In $6.6B Deal

Spirit Airlines Inc (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC), the parent company of Frontier Airlines, Inc.,

StockNews.com

4 Travel Stocks That Investors Should Continue to Avoid

Rising cancellations of bookings owing to surging COVID-19 cases and staffing shortages are raising concerns for the travel industry. Though the industry is expected to rebound later this year, overvalued travel stocks Carnival (CCL), Royal Caribbean (RCL), United Airlines (UAL), and Spirit Airlines (SAVE) could witness a pullback in the…

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