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...A third possible contender is Patrick Shanahan, head of Boeing’s supplier Spirit AeroSystems, which supplied the door plug that blew out during the Alaska Airlines flight in January....
...JetBlue shares jumped 4.6 per cent in pre-market trading, while Spirit Airlines shares plunged more than 16 per cent....
...JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines has been blocked by a US federal judge on grounds it would violate antitrust laws....
...JetBlue was victorious in a bidding war with Frontier Airlines to acquire Spirit in 2022....
...On Monday, a US federal judge nixed JetBlue’s all-cash buyout for Spirit Airlines, with an equity value of $3.8bn....
...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....
...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....
...As the Southwest Airlines CEO has put it, Boeing needs to “get the issues understood and get the issues fixed”....
...Matthew G Andersson Founder and Former CEO, Indigo Airlines Former President, Indigo AerospaceChicago, IL, US...
...Spirit AeroSystems, which supplies the fuselage for Boeing’s 737 Max, said it is assisting federal investigators to discover the cause of the accident on Alaska Airlines flight 1282....
...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....
...The Alaska Airlines blowout happened two days before the three-year probationary period expired....
...the fallout from a damaging fuselage breach on an Alaska Airlines plane 10 days ago....
...Spirit is seeking to combine with JetBlue, despite the objections of regulators. Alaska Airlines has just announced a deal to acquire the smaller Hawaiian Airlines....
...Spirit’s share price offers little comfort. It is sitting at around $16, or less than half of JetBlue’s offer of $33.50....
...Boeing also has opened its factories to inspections by airline customers....
...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....
...A third contender is Patrick Shanahan, head of Boeing’s troubled supplier Spirit AeroSystems. Boeing is in talks about a possible acquisition of Spirit, which it spun out in 2005....
...The regulator launched an investigation of Boeing and Spirit following the mid-air blowout of a door panel on an Alaska Airlines flight in January....
...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....
...The blown out door plug, supplied by Boeing’s former subsidiary, Spirit AeroSystems, is now the focus of the probe. Spirit builds the fuselages and plugs for the Max and then ships them to Boeing....
...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....
...Spirit Airlines jumped 9.8 per cent after the carrier announced late on Friday that it is working with JetBlue Airways to appeal a judge’s decision to block the planned merger between the two airlines....
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