JetBlue-Spirit ruling doesn't spell doom for Alaska-Hawaiian merger
Analysts and experts say the pitfalls that brought down the Spirit-JetBlue deal may offer clues into how Alaska and Hawaiian could pass muster.
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Analysts and experts say the pitfalls that brought down the Spirit-JetBlue deal may offer clues into how Alaska and Hawaiian could pass muster.
Spirit Airlines is looking at ways to deal with its financial challenges, including $1.1B in debt, after a federal judge blocked the merger deal between it and JetBlue Airways
Spirit Airlines faces tough choices about its future including looking for another buyer and finding other ways to shore up its finances after a federal judge on Tuesday blocked its $3.8 billion merger deal with JetBlue Airways, industry experts said. The airline this month completed a series of sale and leaseback transactions covering dozens of planes in a bid to repay about $465 million of debt on those jets. But with a recovery in earnings not in sight, some analysts said the company might consider a bankruptcy filing to clean up its balance sheet and reorganize into a financially stronge...
DAL earnings call for the period ending December 31, 2023.
The star of Netflix's "My Unorthodox Life" is working alongside activists to try and free Orthodox Jewish "chained women" from abusive marriages.