EasyJet PLC said Wednesday that it expects to beat fiscal 2023 market consensus for pretax profit after first-quarter revenue rose, and that booking strength continues across the second quarter and in...
Tag: low-cost airlines
How Southwest Airlines Melted Down
When Southwest Airlines Co. reassigns crews after flight disruptions, it typically relies on a system called SkySolver. This Christmas, SkySolver not only didn’t solve much, it also helped create the ...
Southwest, Tesla, Alibaba, NIO, and More Stock Market Movers Tuesday
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JetBlue Raises Offer to Buy Spirit Airlines—Again
JetBlue Airways Corp. isn’t backing down in its fight to buy Spirit Airlines Inc. raising its offer yet again in an effort to outmaneuver rival Frontier Airlines. JetBlue on Monday proposed a $400 mil...
Spirit Airlines Sticks With Frontier Deal After Sweetened Offer
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JetBlue Sweetens Its Offer for Spirit Airlines
Text size The Spirit board has already approved the Frontier cash and stock offer. Daniel Slim/AFP via Getty Images JetBlue further sweetened its offer for Spirit Airlines to $33.50 per share on Monda...
JetBlue Launches Tender Offer for Spirit Airlines at $30 a Share
Text size Spirit Airlines planes are shown at the George Bush Intercontinental Airport in Houston (Photo by Brandon Bell/Getty Images) Spirit Airlines shares surged Monday after JetBlue Airways launch...
JetBlue to Launch Tender Offer for Spirit, Urge Shareholders to Vote Against Frontier Deal
JetBlue Airways Corp. said it plans to launch a hostile takeover attempt for discount carrier Spirit Airlines Inc. after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with ...
United Airlines’ Uninspiring ‘Next’ Plan Ignores Important Realities
United operates a large hub at Newark airport, but this airport has seen a big increase in low-cost … [+] carrier capacity after the removal of slot controls. getty Airlines create strategic pla...
Southwest Airlines to Launch New Ticket Type to Boost Revenue
Southwest Airlines Co. LUV 0.35% is launching a new type of ticket with some additional perks as it looks to boost revenue and its appeal to business travelers. The new fare will rank above Southwest’...
A Spirit Deal Is Finally Here. Why J.P. Morgan Says Sell the Stock.
Text size Spirit stock is up more than 17% in 2022. Joe Raedle/Getty Images JetBlue reached a deal to purchase Spirit on Thursday, but while that company prepares to buy Spirit for $33.50 a share, J.P...