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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....
...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....
...JetBlue shares jumped 4.6 per cent in pre-market trading, while Spirit Airlines shares plunged more than 16 per cent....
...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 country’s main airlines — flag carrier Turkish Airlines and low-cost airline Pegasus Airlines — ferried 115mn passengers last year, up 10 per cent from 2019, the year before the pandemic....
...JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines has been blocked by a US federal judge on grounds it would violate antitrust laws....
...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....
...work that Spirit does for others....
...Matthew G Andersson Founder and Former CEO, Indigo Airlines Former President, Indigo AerospaceChicago, IL, US...
...Some airlines will not have enough planes to meet demand for the peak summer travel season. Delta Air Lines is the notable outlier. It is the top performing US airline stock over the past year....
...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....
...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....
...For Spirit, it would spell the end of a strange, two-decade journey. Spirit depends on Boeing. Boeing also depends on Spirit. Integration between the two is understandably tight....
...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....
...It is seeking to reacquire Spirit AeroSystems, the maker of its fuselages, in order to better control jet assembly. This gummed-up jet value chain is having downstream consequences....
...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 Alaska Airlines blowout happened two days before the three-year probationary period expired....
...Other big operators that use the model include United Airlines and Copa Airlines of Panama....
...the fallout from a damaging fuselage breach on an Alaska Airlines plane 10 days ago....
...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”....
...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....
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