Source: Spirit Airlines Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today announced that its Board of Directors (the "Board"), in consultation with outside financial and legal advisors, has unanimously determined that the unsolicited proposal received from JetBlue Airways ("JetBlue") (NASDAQ: JBLU) does not constitute a 'Superior Proposal' as defined in Spirit's merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., because it has determined that the proposed transaction is not reasonably capable of being consummated. The Board continues to believe that the pending transaction with Frontier represents the best opportunity to maximize value and recommends that Spirit shareholders adopt the merger agreement with Frontier. Spirit's Board of Directors also issued the following [...]

Source: JetBlue JetBlue today announced it has enhanced its proposal to the Board of Directors of Spirit (NYSE: SAVE) to acquire all of the outstanding common stock of Spirit for $33 cash per share. The enhanced proposal offers Spirit shareholders both superior financial value and greater certainty than the Frontier transaction: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220502005423/en/ Divestiture commitment: If necessary, JetBlue would agree to divest assets of JetBlue and Spirit up to a material adverse effect on Spirit, with a limited carve-out for actions that would adversely impact JetBlue’s Northeast Alliance (NEA) with American Airlines. Remedy package to address NEA and regulatory concerns: JetBlue would offer a remedy package that includes the divestiture of [...]

Source: Norse Atlantic Airways Today, Norse Atlantic Airways has opened ticket sales for flights between Norway and the United States with the full launch of www.flynorse.com. This marks a milestone for the company and heralds a new era for consumers seeking good value, choice and friendly service when choosing to travel across the Atlantic. Fares will start from an unprecedented NOK 995 and $129 one-way, including all applicable taxes. The first flight departing from Oslo to New York (JFK) will take place on 14th June. The airline will also serve Fort Lauderdale (FLL), Orlando (MCO) and Los Angeles (LAX) from Oslo. “This is a major milestone for all of us at Norse Atlantic Airways and a testament to the dedication [...]

Source: WestJet During his previous tenure with WestJet, Bob led the growth of WestJet Vacations, WestJet Rewards, and was integral in the launch of WestJet Encore, WestJet's regional airline As WestJet's CCO, Bob grew the airline's revenue from just over one billion to more than $4.5 billion He will succeed Charles Duncan who becomes Executive Vice-President, Integration and Strategic Projects The WestJet Group today announced the return of Bob Cummings to the airline's Executive Leadership Team as President of Swoop, WestJet's ultra-low-cost carrier. Cummings will begin his role on Monday, April 18, 2022. "I am delighted to welcome Bob back to the WestJet Group to lead Swoop through this pivotal time for affordable air travel in Canada," said Alexis von [...]

Source: LATAM In line with the group's commitment to integrate sustainability throughout its operation, the new space has important sustainable attributes LATAM group opened the doors of “LATAM Lounge”, a renewed space for its preferred passengers and LATAM’s partner airline members to wait for their departure or connection. The new space, which replaces the old VIP lounge, will offer a more sustainable service with a Latin American influence. “Our decision making is always guided by our customers, and we continue to advance an experience where everyone can choose what is important for their trip. We have promoted changes and innovations in our new Lounge to create a space that highlights the best of our region and where there are options [...]