BOSTON—A federal judge who ordered American Airlines and JetBlue Airways to end their Northeast partnership is giving the airlines more time to unwind the deal. U.S. District Judge Leo Sorokin in Boston said in an order Monday that the injunction he ordered last month will take effect 21 days after he issues a final judgment…
Judge Gives American Airlines and JetBlue More Time to End Their Partnership in the Northeast
DOJ Sues to Block JetBlue Acquisition of Spirit Airlines
March 7, 2023
admin
airline competitionBusiness & MarketsDepartment of Justice (DOJ)JetBlue AirwaysJudiciaryPolicies & ImpactsSpirit AirlinesUSUS News
0 Comment
The U.S. Department of Justice is suing to block JetBlue Airways’s proposed $3.8 billion acquisition of fast-growing rival Spirit Airlines, the agency announced March 7. The two discount airlines currently compete on hundreds of routes serving millions of travelers. Four domestic airlines—American Airlines, Delta Air Lines, United Airlines, and Southwest Airlines— reportedly now make up…
Aviation Authority Investigating Boston Airport ‘Close Call’ Incident
March 1, 2023
admin
air traffic control centerboston airportBusiness & MarketsFAA - Federal Aviation Administrationflight safetyJetBlue AirwaysLearjetUSUS News
0 Comment
The U.S. Federal Aviation Administration (FAA) is investigating a “close call” between a JetBlue and Learjet flight that occurred at the Boston Logan International Airport, Massachusetts, on Feb. 27. The incident occurred before 7 p.m. Eastern time. According to the FAA’s preliminary review, an air traffic controller had asked the pilot of the Learjet 60…
JetBlue Passenger Held Blade to Woman’s Throat: Justice Department
U.S. authorities have arrested and charged a 41-year-old man from Syracuse, Utah, in a federal criminal complaint after he allegedly held a straight-edge razor blade against a woman during a flight. On Nov. 21, the arrested individual, Merrill Darrell Fackrell, had departed on a JetBlue 871 flight from John F. Kennedy International Airport in New York…
JetBlue Posts Q2 Loss as Fuel Costs Offset Rising Revenue
NEW YORK—JetBlue Airways lost $188 million in the second quarter, as fuel costs nearly tripled and wiped out a large increase in revenue during the early part of the peak vacation-travel season. The loss reported Tuesday was wider than Wall Street expected. JetBlue was unable to keep pace with bigger rivals, who posted profits for…
U.S. Economy Slips Into Technical Recession; Manchin Backs Democrat Spending Bill | NTD Business
The U.S. economy shrinks again, for the second quarter in a row. Experts say, even if we’re not in a recession, we’re close to one. In a surprise reversal, Senator Joe Manchin backs a Democrat bill focusing on climate, taxes, and health. What’s in it? JetBlue wins the takeover battle for Spirit Airlines; now it faces…
US Economy Slips Into Technical Recession; Manchin Backs Democrat Spending Bill | NTD Business
The U.S. economy shrinks again for the second quarter in a row. Experts say that even if we’re not in a recession, we’re close to one. In a surprise reversal, Sen. Joe Manchin backs a Democrat bill focusing on climate, taxes, and health. What’s in it? JetBlue wins the takeover battle for Spirit Airlines; now it…
JetBlue Refuses to Give up Its Quest for Spirit Airlines
June 29, 2022
admin
Business & MarketsCompaniesInstitutional Shareholder ServicesJetBlue AirwaysSpirit AirlinesU.S. airlinesUSUS News
0 Comment
CHICAGO—JetBlue Airways Corp. on Monday ratcheted up its bidding war with Frontier Group Holdings for Spirit Airlines Inc. as the race for the ultra-low-cost carrier enters the final stretch. Both bidders see Spirit as an opportunity to expand their domestic footprints at a time when the U.S. airline industry is dogged by labor and aircraft…
JetBlue Sweetens Offer for Spirit to Fend Off Frontier Bid
WASHINGTON—JetBlue Airways said Monday it had sweetened its takeover offer for Spirit Airlines to $33.50 per share in a bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines’ proposal. The move is the latest salvo in a tussle to create the fifth-largest U.S. airline, helping the buyer compete with…
Spirit in Talks Over JetBlue’s $3.4 Billion Offer, to Decide by End-June
Takeover target Spirit Airlines Inc. said on Tuesday it was in talks with JetBlue Airways Corp over a $3.4 billion sweetened offer and expects to decide on the proposal by the end of this month. The ultra-low-cost airline has granted JetBlue access to the due diligence information being shared with Frontier Group Holdings Inc. after…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`