JetBlue Airways Shares Rise 16% as Potential Spirit Bankruptcy Plays Out
JetBlue Airways shares rose 16% as investors digested news on competitor Spirit Airlines in a move that has potential to shake up the airline sector. Shares were trading around $7.30. The stock is up 32% on the year and is on pace for its largest percentage increase since Feb. 13.
JetBlue could certainly use the help. Outside of the big four airlines, other smaller players have struggled to remain ...
The U.S. Department of Justice (DOJ) made headlines when it sued to block JetBlue’s planned acquisition of Spirit Airlines, ...
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Spirit Airlines preparing for possible bankruptcy amid failed merger, financial woes: ReportSpirit had been exploring a merger with Frontier Airlines, another low-cost airline, in hopes of restructuring its debt and ...
Spirit Airlines has taken a massive step closer to a Chapter 11 bankruptcy filing as potential merger talks with Frontier ...
The Wall Street Journal, citing anonymous sources, reported late Tuesday that the airline was discussing terms of a possible ...
Spirit Airlines is now reportedly in advanced talks over a possible bankruptcy filing following a failed merger and continued ...
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