Spirit Airlines Board of Directors Urges Stockholders to Reject JetBlue Tender Offer
/PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today announced that its Board of Directors (the "Board"), after consultation...
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/PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today announced that its Board of Directors (the "Board"), after consultation...
Spirit rejected JetBlue's improved offer, which included a $200 million breakup fee, and is now on track to merge with Frontier.
JetBlue says the potential merger would better position it on a national level as "a customer-centric, low-fare alternative to the dominant 'Big Four' airlines."
Travelers can now buy tickets for JetBlue's new Boston to London routes launching this summer. Read more on Boston.com.
Daily service between Boston and London Gatwick will begin July 19. The carrier will follow with daily Boston-London Heathrow service on Aug. 22.