JetBlue Airways

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JetBlue is leaving 2 cities and cutting routes after its Spirit Airlines merger collapsed

found 20 Mar Quartz

qz.com › jetblue-airways-cut-route-flight-spirit-airlines-merger-1851351308

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JetBlue Airways will eliminate several unprofitable routes to domestic and international destinations as it looks to slash costs in the wake of its failed $3.8 billion merger with budget carrier Spirit Airlines.

Spirit Airlines closed at a record low as creditors reportedly prepare for insolvency

found 6 Mar Quartz

qz.com › spirit-airways-stock-record-low-creditors-bankruptcy-1851313951

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It didn’t take much, just a quarter and a nickel off the share price, but Spirit Airlines stock closed at $5.21 Wednesday, the lowest point ever. Not only were investors glum about the carrier calling off its $3.8 billion merger with JetBlue Airways, they’re also digesting a Bloomberg report that Spirit creditors are…

Spirit Airlines stock is sinking to a record low because the JetBlue merger is off

found 4 Mar Quartz

qz.com › spirit-airlines-stock-price-jetblue-merger-cancelled-1851305688

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It might be difficult to parse whether the breakup between JetBlue Airways and Spirit Airlines was as mutual as the companies laid out in respective statements on their called-off $3.8 billion merger. Spirit’s first sentence says that it “announced that its merger agreement with JetBlue Airways Corporation has been…