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...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 was victorious in a bidding war with Frontier Airlines to acquire Spirit in 2022....
...The airline had initially signed up to a stock merger with Frontier Group, a similar deep discounter like Spirit....
...issue by Spirit, or a different problem....
...Max flown by Alaska Airlines in January....
...The fifth-largest airline in the US has struck a deal to buy smaller rival Hawaiian Airlines — for $1.9bn, including debt....
...Spirit is a defendant in a securities lawsuit, refiled last month, that accuses the company of hiding quality lapses from investors....
...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....
...United Airlines and Alaska Airlines have found loose parts on some grounded 737 Maxes, threatening to widen Boeing’s problems after a single plane suffered a mid-air blowout on Friday....
...It has brought in a retired Navy admiral, Kirkland H Donald, to review its quality management systems....
...Spirit AeroSystems, a key Boeing supplier, installs the plugged door as part of its construction of the 737 Max fuselage, a company spokesman confirmed. The spokesman declined to comment further....
...In order for a team from Spirit to replace the rivets, the door plug was opened in September, according to the report....
...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....
...The fallout has also affected Spirit AeroSystems, a major Boeing supplier that installs the MAX 9’s “door plug” (ie the unused emergency door)....
...The airline does not operate any Max 9 aircraft, currently the focus of a federal investigation after a damaging fuselage breach of an Alaska Airlines aircraft 11 days ago....
...of the fuselage of an Alaska Airlines flight just over a week ago....
...While neither renders the aircraft unsafe, redoing the work delays Boeing’s deliveries to customers at a time when airlines are eager for planes....
...It also happens to be among America’s most-hated airlines. For the privilege of not buying Spirit, JetBlue stock rose nearly 5 per cent yesterday....
...Plus, JetBlue will pay rival budget US airline Spirit $69mn as part of the agreement to terminate a proposed $3.8bn takeover....
...The lawsuit comes after JetBlue prevailed in a bidding war with Frontier Airlines to acquire Spirit last July....
...A version of this article was first published by Nikkei Asia on November 23. ©2023 Nikkei Inc. All rights reserved....
...Boeing said on Thursday that a production issue would affect its ability to deliver a “significant” number of 737 Max jets, worsening aircraft shortages for airlines around the world....
...If they lose, it could be subsumed, effectively lost inside the private landholdings of wealthy individuals and corporations. It’s a legal grey area with sweeping consequences....
...prosecutions of sanctions and export violations in light of Russia’s aggression in Ukraine,” said Breon Peace, US attorney for the Eastern District of New York, which brought the case against the Greek defendant...
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