JetBlue Airways Corporation
Shareholder Advisory Firm Backs Spirit-Frontier Merger
The influential shareholder advisory service Institutional Shareholder Services is now advising Spirit Airlines’ investors to vote in favor of a proposed merger with Frontier Airlines over a rival offer from JetBlue Airways, after Frontier increased its offer. The recommendation, which was delivered on Friday, is a reversal for ISS, which had previously advised Spirit shareholders […]
Know MoreSouthwest and JetBlue Expect Higher Second-Quarter Revenues as Travel Booms
The travel rebound is shaping up to be even stronger than airlines expected, helping to make up for rising fuel prices. Southwest Airlines and JetBlue Airways said on Thursday that their revenues in the second quarter were on track to be higher than the companies had projected. The announcements are the latest sign that people […]
Know MoreSpirit Airlines Rejects JetBlue’s Offer
Spirit Airlines on Monday rebuffed an acquisition offer from JetBlue Airways, saying that the proposal was unlikely to be approved by regulators. In a letter to JetBlue, Spirit executives said that they had determined that JetBlue’s acquisition offer would be unlikely to be approved as long as that airline’s recently announced partnership with American Airlines […]
Know MoreBidding War for Spirit Could Undercut Power of Four Big Airlines
When the dust settled on a big round of airline consolidation nearly a decade ago, four large companies came to dominate the industry. A new merger scramble could challenge that cozy arrangement. A brewing fight over the future of the budget carrier Spirit Airlines may give rise to a credible, albeit still smaller, competitor to […]
Know MoreAir Travel Is No Holiday as Covid-19 and Winter Storms Cancel Flights
Airlines may have thought their pandemic troubles were behind them in the fall as a coronavirus wave subsided and travelers increasingly took to the skies. But a new virus surge and winter storms have left the carriers and their passengers in a holiday mess. Heading into the New Year’s weekend, when return flights will produce […]
Know MoreAirlines Cancel Hundreds More Flights as Virus Scrambles Air Travel
Over 1,000 flights in the United States, and thousands more globally, were canceled Sunday as the Omicron variant of the coronavirus sidelined crews during one of the year’s busiest weekends for travel. As of Sunday evening, more than 1,300 flights with at least one stop in the United States, and over two times as many […]
Know MoreFlight Cancellations Grow on Christmas Day as Omicron Disrupts.
A flurry of flight cancellations continued on Christmas Day, with U.S. airlines scrapping nearly 1,000 flights as the rapid spread of the Omicron variant of the coronavirus caused crew members to call out sick. The cancellations affected more than 10 percent of the flights scheduled by Delta Air Lines, United Airlines and JetBlue. American Airlines […]
Know MoreAs Omicron Overshadows Christmas, Thousands of Flights Are Canceled
The setbacks were evident for travelers around the country. On Christmas Eve morning, mats, blankets and pillows lined the floors of the Twin Cities airport, where people had been forced to sleep the night before. Catherine Lynn, a sales specialist in Watersound, Fla., said she had spent more than two hours on Friday attempting to […]
Know MoreBosses Have a New Headache: How Long Should Sick Workers Isolate?
Barbara Sibley’s four New York restaurants had already weathered the city’s initial Covid-19 wave, the prevaccine surge last winter and this summer’s Delta spike when last weekend it finally happened: Fearing an outbreak and struggling with staffing after one of her workers got sick with Covid, she temporarily shut down one of her locations. That […]
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