Hints and tips:
...Budget carriers Spirit Airlines and Frontier Airlines, which advertise low base fares but rely more on ancillary revenue than legacy carriers, opposed the rule as well....
...On Monday, a US federal judge nixed JetBlue’s all-cash buyout for Spirit Airlines, with an equity value of $3.8bn....
...JetBlue was victorious in a bidding war with Frontier Airlines to acquire Spirit in 2022....
...The mid-air breach of the fuselage of an Alaska Airlines Boeing aircraft has put the spotlight on Spirit AeroSystems, one of the plane maker’s biggest suppliers....
...The European group had been discussing the future of the operations after the Alaska Airlines incident, according to two people familiar with the situation. Airbus declined to comment on Friday....
...Spirit’s share price offers little comfort. It is sitting at around $16, or less than half of JetBlue’s offer of $33.50....
...Shares in Boeing and supplier Spirit AeroSystems both tumbled on Monday as investors weighed up the financial fallout from last week’s mid-flight accident on an Alaska Airlines aircraft....
...Its stock closed down 8 per cent on Monday at $229 while shares in Spirit AeroSystems, its biggest supplier, lost 11 per cent to close at $28.20....
...According to Boeing data, more than 500 of the 737-900ER models have been delivered to airlines globally. Leading operators include United Airlines, Alaska Airlines and Delta Air Lines....
...Other big operators that use the model include United Airlines and Copa Airlines of Panama....
...The FAA chief also said he would meet chief executives of US airlines on Wednesday to discuss how to “share information more transparently and improve our safety management systems”....
...But financial pressures hang over the Belfast plant, which has not made a profit since 2016 and has been hit by supply chain squeezes and inflation despite a recovery in the global airline business since...
...Shares in Spirit AeroSystems were down 16 per cent in US pre-market trading. The company, a key Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage....
...Shares of Boeing and Spirit closed with declines of 8 per cent and 11 per cent, respectively. But it may not be as easy to blame Spirit as Boeing bulls would hope....
...United Airlines and Alaska Airlines on Monday found bolts in the plugged doors of some of their Max 9s that needed tightening....
...The two cases last year and the Alaska incident all have Spirit in common — the Wichita, Kansas-based company builds the Max fuselages, including the door plug that fell off the plane....
...Ryanair has also raised the number of engineers on the production line of Spirit AeroSystems, one of Boeing’s largest suppliers, from four to eight....
...Sam Altman’s spirit trumpet can whisper short-term stock recommendations by detecting thematic mispricings via means inexplicable....
...While neither renders the aircraft unsafe, redoing the work delays Boeing’s deliveries to customers at a time when airlines are eager for planes....
...The lawsuit comes after JetBlue prevailed in a bidding war with Frontier Airlines to acquire Spirit last July....
...Spirit’s stock dropped more than 17 per cent....
...There is a long-running love triangle between US budget airlines. On Thursday, Spirit Airlines agreed to a cash offer from JetBlue valuing it at $7.6bn....
...New York-based JetBlue will buy Florida’s Spirit for $3.8bn, or $33.50 a share, after Spirit’s deal with preferred merger partner Frontier Airlines, a fellow ultra low-cost carrier, fell apart on Wednesday...
...The nail drier in the dressing-table drawer, for instance....
...Another US airline, JetBlue, however, crashed the proceedings in April with a blowout all-cash offer for Spirit....
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