Spirit airlines provides update on discussions with frontier and jetblue

Board conducting thorough process focused on value and certainty; will provide update to stockholders ahead of scheduled june 30 vote miramar, fla. , june 14, 2022 /prnewswire/ -- spirit airlines, inc. ("spirit" or the "company") (nyse: save) today issued the following update regarding its ongoing discussions with frontier group holdings, inc. ("frontier") (nasdaq: ulcc), parent company of frontier airlines, inc., and jetblue airways corporation ("jetblue") (nasdaq: jblu): ted christie, president and ceo of spirit, said, "consistent with its fiduciary duties, spirit's board of directors is engaging in discussions with jetblue with respect to the proposal received on june 6, 2022 and is also continuing to work with frontier under the terms of the existing merger agreement between spirit and frontier.
JBLU Ratings Summary
JBLU Quant Ranking