June 28, 2022 | Daily Business Review
JetBlue's Revised Spirit Offer Wins Backing From Investor TIGSpirit Airlines' board has rejected JetBlue's offers repeatedly, saying the combination would be blocked by federal antitrust enforcers.
By Mary Schlangenstein and Scott Deveau
3 minute read
May 19, 2022 | Daily Business Review
Spirit Air Again Rejects JetBlue After Hostile Takeover BidSpirit said its board unanimously determined that the JetBlue proposal is not in the best interests of the carrier or its shareholders.
By Mary Schlangenstein
3 minute read
May 16, 2022 | Daily Business Review
JetBlue Goes Hostile With Reduced $3.3B Spirit BidJetBlue is banking on the acquisition as its best shot at near-term growth, even though the deal would mean combining its own full-service product with a model based around offering rock-bottom prices and charging for every extra.
By Mary Schlangenstein and Charlotte Ryan
3 minute read
January 22, 2010 | Daily Report Online
American to fight Delta-Japan Air dealAmerican Airlines, vying to keep Japan Airlines Corp. in the Oneworld alliance, vowed to resist any move by the Asian carrier and Delta Air Lines Inc. to win regulators' approval to coordinate flights and fares. Talks with Japan Air continue even as interest in a capital investment is now being "downplayed" by the airline and Japanese government officials, American Chief Financial Officer Tom Horton told investors.
By Mary Schlangenstein
3 minute read
January 09, 2008 | Daily Report Online
Southwest CEO seeks revenue past passenger, cargo flightsSouthwest Airlines Co., the U.S. carrier that is paring capacity growth for the second time in 35 years, must find $1 billion in annual revenue from new sources before it adds flights at a quicker pace, Chief Executive Officer Gary Kelly said. Once the biggest low-cost airline hits its target, "I'm hopeful we'll be able to grow at levels that we're all used to," Kelly said in an interview.
By Mary Schlangenstein
4 minute read
September 25, 2009 | Daily Report Online
Airline outlook improves while passengers sufferDelta Air Lines Inc., AMR Corp. and UAL Corp. have more than doubled in U.S. trading since March as the travel slump starts to ease and bankruptcy concerns abate. The outlook for passengers isn't as bright.U.S. airlines are packing domestic planes more full, paring service from cities such as St. Louis by more than two-thirds and charging $50 to check a second bag on some overseas routes.
By Mary Jane Credeur and Mary Schlangenstein
6 minute read
May 05, 2010 | Daily Report Online
Birthday call to United CEO led to mergerThe phone call that would result in a merger creating the world's largest airline came on UAL Corp. Chief Executive Officer Glenn Tilton's 62nd birthday. Continental Airlines Inc. CEO Jeff Smisek had read press reports that UAL Corp.'s United was in talks with US Airways Group Inc. He didn't want to lose Houston-based Continental's "best partner for the future," he said Monday in an interview.
By Zachary R. Mider, Mary Jane Credeur and Mary Schlangenstein
3 minute read
April 24, 2008 | Daily Report Online
High-priced jet fuel forces Delta, Northwest to park planesDelta Air Lines Inc. and Northwest Airlines Corp. blamed surging fuel prices for first-quarter losses as they prepare to combine and form the world's largest carrier. Their deficits mean that all five of the biggest U.S. airlines were unprofitable last quarter, when jet-fuel prices jumped 63 percent from a year earlier.
By Mary Schlangenstein and Mary Jane Credeur
5 minute read
May 25, 2011 | Daily Report Online
Delta looks to expand at LaGuardia AirportDelta Air Lines Inc. sought federal approval to expand at New York's LaGuardia Airport, saying industry consolidation has helped clear the way for a trade of landing rights with US Airways Group Inc. Delta wants to take over 132 pairs of LaGuardia flight slots held by US Airways, which would get 42 pairs in exchange at Washington's Reagan airport.
By Mary Jane Credeur and Mary Schlangenstein
4 minute read
November 19, 2008 | Daily Report Online
AMR, UAL, CAL struggle to sell gas-guzzling jetsBy Mary Schlangenstein
5 minute read