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The Latest Breaking News from Robin Hayes

Donor and consultant convicted again of trying to bribe North Carolina's insurance commissioner

A major North Carolina political donor and his associate have been convicted a second time of attempting to bribe the state's insurance commissioner to secure preferential regulatory treatment for his insurance business

The Independent UK

JetBlue's CEO to step down, will be replaced by 1st woman to lead a big U.S. airline

JetBlue said Monday that CEO Robin Hayes will step down next month and be replaced by the airline's president, Joanna Geraghty, who will be the first woman to lead a major U.S. carrier.

WEKU

JetBlue CEO Robin Hayes to be Replaced by Joanna Geraghty

JetBlue announces CEO transition as Robin Hayes steps down, making way for Joanna Geraghty to become first female leader of a major U.S. carrier.

Top News

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JetBlue's CEO is stepping down, and he'll be replaced by the first woman to lead a big US airline

The CEO of JetBlue is stepping down, and he's being replaced by the first woman to head a major U.S. airline

The Independent UK

JetBlue's CEO has a backup plan if the Spirit merger falls through

JetBlue's CEO Robin Hayes says the airline will pivot to its organic growth strategy if the Spirit merger falls through.

Fortune

DOJ files suit to block JetBlue-Spirit Airlines merger

The Justice Department on Tuesday filed an antitrust lawsuit against JetBlue Airways’ proposed $3.8 billion acquisition of Spirit Airlines — a merger that would create the fifth-largest U.S. airline.

Tribune News Service

DOJ sues to block JetBlue-Spirit merger, saying it will curb competition

The Biden administration sued on Tuesday to block the $3.8 billion purchase, saying the deal would reduce competition and drive up air fares for consumers.

WEKU

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DOJ files suit to block JetBlue-Spirit Airlines merger - Roll Call

The Justice Department filed an antitrust lawsuit against JetBlue Airways’ proposed $3.8 billion acquisition of Spirit Airlines.

Roll Call

JetBlue mounts full-court press for Spirit buyout approval

JetBlue Airways CEO Robin Hayes was unequivocal when asked what he’d do if the U.S. Justice Department blocked his airline’s proposed buyout of Spirit Airlines, South Florida’s low-cost hometown air carrier.

Tribune News Service

US bid to kill American-JetBlue partnership goes to judge

The government and two major airlines are giving starkly contrasting views about the impact of an alliance between the airlines

The Independent UK

JetBlue CEO first witness in US lawsuit against 2 airlines

A trial is underway in the federal government's lawsuit aiming to kill a partnership between American Airlines and JetBlue Airways in the Northeast

The Independent UK

JetBlue Airways Shares Slide After Missing Q2 Street Expectations

JetBlue Airways Corp (NASDAQ:JBLU) reported a second-quarter FY22 adjusted loss per share of $(0.47) compared to adjusted EPS of $0.60 in 2Q19, missing the consensus of $(0.11). Operating revenue grew 16.1% compared to 1Q19 and +63.1% year-over-year to $2.45 billion, missing the consensus of $2.46 billion. Capacity increased by 2.3% year over three,…

Benzinga

JetBlue agrees to buy Spirit for $3.8B. It would create the 5th largest U.S. airline

The agreement Thursday capped a months-long bidding war and arrives one day after Spirit's attempt to merge with Frontier Airlines fell apart. The deal still needs approval from antitrust regulators.

WEKU

Why Casino Stocks Are Rising This Morning And 2 More Things You Need To Know Today!

Happy Tuesday Zingernation! Goood morning Zingernation! All major indices are green heading into the open as investors look for more signs that we may have already bottomed. Yesterday, the markets had another roller-coaster day, opening up before quickly reversing and closing relatively flat.

Benzinga

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Benzinga

JetBlue Won't Take No For An Answer, Makes Another Bid For Spirit Airlines

If anything can be said about JetBlue Airways (NASDAQ: JBLU), it would be that it doesn't easily give up. The airline has offered yet another upgrade to its acquisition bid for Spirit Airlines Inc.

Benzinga

JetBlue Modifies Spirit Proposal; Urges Spirit Shareholders Vote Against Frontier Offer

JetBlue Airways (NASDAQ:JBLU) has again modified its proposal to acquire Spirit Airlines Inc (NYSE:SAVE) based on discussions with Spirit shareholders. JetBlue added a ticking fee, increased the reverse breakup fee to $400 million, and accelerated prepayment to $2.50 per share. Related: JetBlue Submits Improved Proposal For Spirit Airlines At $33.50/share The addition of a ticking…

Tribune News Service

JetBlue again ups Spirit offer, but move could stall Fort Lauderdale growth

The bidding war between JetBlue and Frontier to acquire Broward Co., Florida-based Spirit Airlines now involves the future of Fort Lauderdale-Hollywood International Airport.

Benzinga

Spirit Airlines Postpones Vote On Frontier Merger Following JetBlue's New Takeover Bid

Spirit Airlines Inc. (NYSE: SAVE) has abruptly postponed its Friday stockholder vote on its merger with Frontier Group Holdings (NASDAQ: ULCC) after JetBlue Airways (NASDAQ:

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Benzinga

JetBlue Ups Offer On Spirit Takeover Bid: What You Need To Know

JetBlue Airways (NASDAQ: JBLU) has upped the ante on its unsolicited acquisition of Spirit Airlines Inc. (NYSE: SAVE) as Spirit pushes ahead on a planned merger with Frontier Group Holdings Inc.

Tribune News Service

Spirit Airlines rejects JetBlue buyout bid on antitrust concerns, will stick with Frontier offer

FORT LAUDERDALE, Fla. — South Florida-based discount carrier Spirit Airlines announced Monday it has rejected a $3.6 billion buyout bid by JetBlue Airways, saying its suitor failed to sufficiently address antitrust concerns.

Benzinga

Spirit Airlines Rejects JetBlue's Takeover Bid; JetBlue Renews Offer

Spirit Airlines, Inc. (NYSE: SAVE) has rejected the acquisition bid from JetBlue Airways Corp (NASDAQ: JBLU) and will proceed with the previously-announced merger agreement with Frontier Group Holdings, Inc.

Tribune News Service

After $3.6 billion offer, Spirit Airlines agrees to negotiate with JetBlue

A new takeover offer for Spirit Airlines by JetBlue Airways of New York is now viewed as attractive enough for the South Florida-based carrier to enter into negotiations aimed at cutting a deal.

Benzinga

Spirit Airlines Plans To Initiate Discussions With JetBlue On $3.6B Bid

Spirit Airlines Inc (NYSE:SAVE) Board has agreed to engage in discussions with JetBlue Airways (NASDAQ:JBLU) concerning an all-cash transaction for $33/share. Related: Spirit Airlines Gets Second Takeover Bid This Year: What Investors Should Know Spirit remains bound by the terms of the merger agreement with Frontier Group Holdings, Inc. (NASDAQ:ULCC). Spirit's Board has not determined that JetBlue's proposal…

Tribune News Service

JetBlue and Frontier are fighting to buy Spirit Airlines. What does that mean for South Florida?

The impending loss of Spirit Airlines as South Florida’s hometown air carrier could have a number of ramifications, ranging from hits on local employment and facilities to spikes in the prices leisure travelers pay to visit the region.

Benzinga

JetBlue Converts 30 Airbus Aircraft Options To Firm Order; Accelerates E190 Retirement

JetBlue Airways Corp (NASDAQ:JBLU) exercises its option to add 30 additional Airbus SA (OTC:EADSY) A220-300 aircraft to its order book, bringing the total number of A220s in the airline's fleet and on order to 100. "We're already seeing benefits from the eight A220s we've added to the fleet, and we're very happy to have more…

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