Hints and tips:
...JetBlue will pay $470mn in total reverse termination fees through various interesting mechanisms....
...A US federal judge has blocked JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines, in a victory for the Biden administration’s top antitrust enforcer at the Department of Justice....
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...Airways Q1, Jupiter Fund Management Q1 trading update, Kering Q1 sales, Kimberly-Clark Q1, Lockheed Martin Q1, Mattel Q1, Novartis Q1, Nucor Q1, PepsiCo Q1, Philip Morris International Q1, RWS Holdings...
...US authorities and states have sued to block JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines on the basis that it would reduce competition in the passenger aviation industry....
...As it happens, JetBlue has an existing alliance with American which the Department of Justice is already challenging. JetBlue is now about to open a second front in that war....
...US low-cost carrier JetBlue Airways emerged victorious in the fight to acquire Spirit Airlines as the companies’ boards announced a definitive merger agreement that would make their combined networks the...
...The shares trade a third below the JetBlue offer....
...Spirit Airlines rejected a $3.6bn takeover offer from rival JetBlue and said it would merge instead with budget carrier Frontier Airlines, saying the JetBlue offer had a “low probability” of being approved...
...JetBlue is another challenger to big legacy carriers. But it is not a cut-rate operator like Spirit or Frontier. With few meaningful targets left, JetBlue recognised that Spirit was now in play....
...JetBlue has offered an even more convoluted set of cash flows....
...Airline industry group Iata is also working on a digital health pass alongside British Airways owner IAG, with a launch expected in the first quarter of next year....
...Airways Q2, Man Group HY, Mitsubishi Q2, PayPal Q2, Prudential Financial Q2, Starbucks Q3, Uber Technologies Q2 Wednesday EU, July retail sales figures France, Germany, Italy, UK, US: S&P Global services...
...US airline JetBlue defied the aviation crisis by launching its first transatlantic service this week, promising to spark a price war with rivals including British Airways and Virgin Atlantic....
...American Airlines, Delta Air Lines, JetBlue Airways, Southwest Airlines and United all said in filings with the US Securities and Exchange Commission that demand pulled back in August....
...JetBlue explained that the value of the loans, grants and warrants were tied to their two payroll expenses in the middle two quarters of 2019....
...JetBlue has announced a variety of sustainability initiatives and said in January that it would be “carbon neutral” on its flights in the US....
...Following the collapse of takeover talks from the owner of British Airways, Norwegian’s share price has plunged and is down by 80 per cent in the past 18 months....
...US carrier JetBlue will take on incumbents such as British Airways, Virgin Atlantic and United Airlines with its plans to fly between London and New York from 2021....
...Norwegian’s shares have been under severe pressure since IAG, owner of British Airways, announced 18 months ago it could bid for the low-cost carrier, before walking away....
...Winner: JetBlue JetBlue is a low-cost US carrier that has been looking to expand into transatlantic flights for some time, chief executive Robin Hayes said at a conference earlier this year....
...At the same conference in London, Robin Hayes, chief executive of US low-cost airline JetBlue, said encouraging more women into the industry was not just morally right but financially necessary: “In the...
...Delta Air Lines ended the day 0.4 per cent lower while JetBlue Airways edged down 0.6 per cent....
...JetBlue was the only main outlier, eking out a 0.2 per cent gain....
...The RASM guidance does not include any impact of Hurricane Irma, JetBlue added....
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