The Latest Breaking News from Spirit Airlines, Inc.

If anything can be said about JetBlue Airways (NASDAQ: JBLU), it would be that it doesn't easily give up. The airline has offered yet another upgrade to its acquisition bid for Spirit Airlines Inc.

JetBlue Airways (NASDAQ:JBLU) has again modified its proposal to acquire Spirit Airlines Inc (NYSE:SAVE) based on discussions with Spirit shareholders. JetBlue added a ticking fee, increased the reverse breakup fee to $400 million, and accelerated prepayment to $2.50 per share. Related: JetBlue Submits Improved Proposal For Spirit Airlines At $33.50/share The addition of a ticking…

Airline stocks have been plunging despite the robust travel demand as inflation and recession fears weighed on the sector. Therefore, we think it could be wise to avoid fundamentally weak airlines stocks Virgin Galactic (SPCE), Frontier Group (ULCC), Air Canada (ACDVF), and Spirit Airlines (SAVE) now. Keep reading.

Spirit Airlines Inc. (NYSE: SAVE) has abruptly postponed its Friday stockholder vote on its merger with Frontier Group Holdings (NASDAQ: ULCC) after JetBlue Airways (NASDAQ:

JetBlue Airways (NASDAQ: JBLU) has upped the ante on its unsolicited acquisition of Spirit Airlines Inc. (NYSE: SAVE) as Spirit pushes ahead on a planned merger with Frontier Group Holdings Inc.

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…

Frontier Airlines parent Frontier Group Holdings Inc (NASDAQ:ULCC) commented on Spirit Airlines Inc.'s (NYSE:SAVE) rejection of JetBlue Airways Corp's (NASDAQ:JBLU) offer. "We are pleased that the Spirit Board of Directors has again reaffirmed its commitment to combining with Frontier, which increases competition by bringing more ultra-low fares to more travelers and delivering substantial shareholder value," stated Barry…

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…

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…

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.

Here are the expected dates and insights into top companies' earnings reports, according to Benzinga Pro. Tuesday after-close: Spirit Airlines Inc (NYSE: SAVE)