Over the next two years Spirit plans a “generational” shift in its fleet makeup, completely retiring the Airbus A319ceo and improving cost and fuel efficiency.
JetBlue finds itself in an unprecedented position—its plans for both the Spirit merger and its alliance with American Airlines remain entangled in litigation.
JetBlue in July announced its $3.8 billion deal to acquire ULCC Spirit and has been awaiting regulatory approval, a process Hayes acknowledged was “complex.”
Spirit Airlines’ unit costs and profitability continue to be negatively affected by significant reliability problems posed by Pratt & Whitney Geared Turbofans.
Spirit Airlines pilots have voted to ratify a new collective bargaining agreement, which includes provisions in case the ULCC's merger with JetBlue collapses.
Spirit Airlines is keeping the focus on customers as it navigates a potential merger with JetBlue Airways, which was officially approved by Spirit’s shareholders last week.
