Deputy Premier Kye Rymer told the British overseas territory’s legislature that a delegation to Routes World 2022 met with eight airlines about potential routes.
The trial to determine if the partnership between American Airlines and JetBlue Airways is anti-competitive is underway, and few are venturing to predict the outcome.
Frontier Airlines may have lost the bidding war for Spirit Airlines, but its future as a standalone carrier looks bright—especially with its largest ULCC competitor now out of the picture.
Spirit Airlines agreed to be acquired by JetBlue Airways in an all-cash deal valued at $3.8 billion, a move that comes one day after its shareholders formally rejected a competing offer from Frontier Airlines.
If Spirit and JetBlue do eventually agree on the terms of a transaction, they will still need shareholder approval as well as antitrust approval from the U.S. Justice Department.
JetBlue Airways upgraded its proposal for Spirit Airlines again as the tit-for-tat bidding war with Frontier Airlines heated up ahead of a June 30 shareholder vote.
JetBlue Airways sweetened the terms of its bid to acquire Spirit Airlines, part of an effort to win over Spirit’s shareholders ahead of a fast approaching vote on whether to merge with Frontier Airlines.