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The Latest Breaking News from Spirit Airlines

‘We’re just robots’: US airline workers stranded amid staff shortages

Flight attendants report sleeping on airport floors when employers fail to find them hotel rooms

The Guardian - US

12 Industrials Stocks Moving In Monday's Intraday Session

Benzinga

Analyzing Spirit Airlines's Short Interest

Spirit Airlines's (NYSE:SAVE) short percent of float has fallen 3.34% since its last report. The company recently reported that it has 10.17 million shares sold short, which is 9.84% of all regular shares that are available for trading.

Benzinga

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Why Spirit Airlines Stock Is Grounded Today

Spirit Airlines Inc (NYSE: SAVE) shares are trading lower Monday after the company rejected JetBlue Airways Corp's (NASDAQ: JBLU) proposal and said it will proceed with its previously-announced mer

Benzinga

Spirit Airlines rejects JetBlue buyout bid on antitrust concerns, will stick with Frontier offer

FORT LAUDERDALE, Fla. — South Florida-based discount carrier Spirit Airlines announced Monday it has rejected a $3.6 billion buyout bid by JetBlue Airways, saying its suitor failed to sufficiently address antitrust concerns.

Tribune News Service

Stock Market Starts May With Gains As Yields Keep Rising; These Earnings Reports Are On Deck

The stock market slump extended into Monday, with indexes down moderately as another wave of earnings reports hits Wall Street, and the benchmark Treasury yield continues to climb.

Investors Business Daily

Spirit flight attendants picket at Detroit Metro after 'sleeping on floors'

DETROIT — Unionized flight attendants with Spirit Airlines Inc. on Tuesday picketed outside Detroit Metropolitan Airport, demanding the Florida-based low-cost carrier uphold its end of their contract by providing hotel accommodations and better communications in the event of cancelled flights.

Tribune News Service

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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

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

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

Stock Market Drops As Tech Declines; Oil, Fertilizer Stocks Advance

The stock market fell as techs led decliners and the U.S. announced new sanctions on Russia, propelling fertilizer and oil stocks higher.

Investors Business Daily

Nasdaq Off 2.5% As Techs Remain Under Pressure; Stock Market Broadly Lower

Tech stocks led further declines in the stock market Wednesday, as the Nasdaq composite slid more than 2%.

Investors Business Daily

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Tribune News Service

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

Airline flight delays improving, but cancellations persist for some

Flight delays and cancellations that waylaid travelers across the country last weekend are improving but cancellations continue, including in Detroit; a return to normal globally wasn't expected until mid-week, according to FlightAware.com.

Benzinga

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.

The Independent UK

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

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Investors Business Daily

Dow Jones Falls; Donald Trump SPAC Plunges As Elon Musk Joins Twitter Board; 3 Stocks Eye Buy Points

The Dow Jones skidded lower. The Donald Trump SPAC plummeted on the news Tesla CEO Elon Musk is to join the board of Twitter.

Benzinga

Why Spirit Airlines Shares Are Taking Off

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

The Independent UK

Democrats say Spirit-Frontier merger could boost airfares

Several congressional Democrats are raising doubts about the proposed merger of Frontier and Spirit airlines

The Independent UK

Woman claims Spirit Airlines stopped teenagers from bringing dog on plane after they’d already paid for pet

She says fellow passengers chipped in to pay for the dog’s entry

Chicago Tribune

Editorial: The feds should approve the Spirit-Frontier airline merger. Caveat emptor, nonetheless

On the day that Frontier Airlines announced its intent to merge with its fellow discount air carrier Spirit Airlines, the acquiring carrier suffered an ill-timed IT problem that briefly grounded its jets. So Monday presented a golden opportunity to the many bloggers who obsess about the airline industry and its…

Benzinga

How This BofA Analyst Rates Frontier And Spirit Airlines Stocks After Merger Announcement

The merger deal between Spirit Airlines Incorporated (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC) represents an enterprise value of $6.6 billion and is in line with the long-term historical multiple of Spir

Tribune News Service

For years we’ve laughed at Spirit Airlines. Will merger deprive us of comedy gold?

Few brand names have been dragged through the muck like Spirit Airlines.

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