Niraj Chokshi
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JetBlue and Spirit Airlines Announce Merger Plan
The deal, which values Spirit at $3.8 billion, comes a day after Frontier’s bid for Spirit fell apart. It is likely to face antitrust scrutiny.
Spirit Airlines Shareholders Reject Merger With Frontier
The decision could improve prospects for Spirit to reach a deal with JetBlue, a suitor it had previously rejected.
Boeing Reports Drop in Profit but Sees ‘Momentum’ for Turnaround
The company said it was close to restarting deliveries of its 787 Dreamliner plane and was on track to end the year with positive cash...
American Airlines has its best quarter of revenue ever, but profit is down from 2019.
Like other carriers, American benefited from a travel rebound, but higher costs took a toll on its bottom line.
United Airlines hits a revenue milestone, but costs constrain its quarterly profit.
The carrier expects travel demand to remain strong, despite concerns about a recession.
Delta Air Lines Orders 100 Boeing 737 Max Planes
The purchase reflects confidence that the large version of the aircraft, the Max 10, will win regulatory approval.
Frontier Airlines’ Bid for Spirit Faces Opposition From Advisory Firm
Institutional Shareholder Services said a rival offer from JetBlue was more valuable, despite concerns about regulatory hurdles.
Delta Reports $735 Million Quarterly Profit on Growing Demand
The airline foresees continued strength heading into the fall, even with less capacity than it had before the pandemic.
Airline Pilots Seek Big Raises, and Broader Changes
Pilots feel frustrated and overworked, issues that they say the air travel rebound has magnified by disrupting operations.
Spirit Airlines again puts off a vote on Frontier’s offer as it mulls JetBlue’s.
The bargain carrier’s shareholders are now scheduled to deliver their verdict on July 15.