JetBlue

JetBlue Launches Hostile Corporate Takeover of Spirit Airlines

JetBlue Launches Hostile Corporate Takeover of Spirit Airlines

JetBlue Airways said Monday that it plans a hostile corporate takeover of Spirit Airways.
The New York-based carrier will appeal directly to Spirit’s shareholders, bypassing that airline’s board of directors, with a $30 per share offer.
The move comes after the ultra-low-cost carrier rejected JetBlue’s $3.6 billion offer in favor of a merger with Frontier Airlines.
The airline cited anti-trust considerations in turning down the offer.
“We believe a combination of JetBlue and Spirit …

JetBlue Appoints New Controller

JetBlue Appoints New Controller

JetBlue Airways announced the appointment of Al Spencer to the position of vice president and controller.
Mr. Spencer, who is joining the airline on Wednesday, was deputy chief financial officer of Air Liquide, a French supplier of industrial gases and services, for almost five years.  Prior to Air Liquide, he held various posts at NCI Building Systems and several accounting-related positions at ExpressJet Airlines, a regional carrier headquartered in College Park, …

Spirit Airlines Rejects Lucrative JetBlue Takeover Offer, Will Accept Frontier Offer

Spirit Airlines Rejects Lucrative JetBlue Takeover Offer, Will Accept Frontier Offer

Spirit Airlines said that it will reject JetBlue Airways lucrative offer for the carrier, sticking with its original deal with Frontier Airlines.
The airline said that the JetBlue deal would be rejected by antitrust regulators.
“We believe a combination of JetBlue and Spirit has a low probability of receiving antitrust clearance so long as JetBlue’s Northeast Alliance with American Airlines remains in existence,” Spirit said in a letter to JetBlue released on …

JetBlue Appoints New Vice President of JetBlue University

JetBlue Appoints New Vice President of JetBlue University

JetBlue Airways announced the appointment of Jeff Winter as the vice president of JetBlue University.
In his new position, Mr. Winter will be responsible for the airline’s training facilities and programs.
Mr. Winter joined the airline as a training curriculum manager in 2015.  He is currently director of flight operations planning and analytics.
“With Jeff’s experience in flight operations, aviation, and training, he brings an invaluable wealth of knowledge with him that will …

U.S. to Extend Federal Mask Mandate for Planes and Trains

U.S. to Extend Federal Mask Mandate for Planes and Trains

 
The United States will once again extend its mask mandate for all forms of public transportation including airplanes, trains, buses, light rail, subways, and streetcars as well as for airports and rail terminals, a Biden administration official said.
The order has been in place since February 2021 and has been extended multiple times.   It requires “persons to wear masks over the mouth and nose when traveling on any conveyance (e.g., airplanes, …

Storms Cause Thousands of Delays and Cancellations on the East Coast

Storms Cause Thousands of Delays and Cancellations on the East Coast

A series of major storms in the Northeast and in Florida on Thursday caused thousands of flight delays and cancellations that had a domino effect across the entire country.
Over 8,000 flights within, flying into, or departing the United States were delayed, including 1,400 on Southwest Airlines, 956 on American Airlines, 944 on Delta Air Lines, 736 on United Airlines, and 586 on JetBlue Airways, according to data from FlightAware, a …

JetBlue Makes $3.6 Billion All-Cash Offer for Spirit Airlines, Raising the Stakes in Spirit’s Merger with Frontier

JetBlue Makes $3.6 Billion All-Cash Offer for Spirit Airlines, Raising the Stakes in Spirit’s Merger with Frontier

JetBlue Airways announced plans to acquire low-cost carrier Spirit Airlines in an all-cash transaction for $3.6 billion.
On Monday, Spirit said that it had received what it termed an “unsolicited proposal” from the New York-headquartered carrier to purchase all outstanding shares of Spirit’s stock for $33 per share.
The move comes less than two months after Spirit announced plans to merge with Frontier, another low-cost airline, in a deal that the two …