Transportation

Spirit Airlines Highlights Must-See CNBC Interview of President and CEO Ted Christie with Jim Cramer Regarding Frontier Merger

Retrieved on: 
Wednesday, June 29, 2022
Transportation, Air, Transport, Travel, Well, Register, COVID-19, SPIRIT, Growth, Industry, U.S. Securities and Exchange Commission, BLUE, Glass, Human, Communication, Investor relations, Security (finance), Securities Act of 1933, Securities Exchange Act of 1934, Travel, JetBlue, Public expenditure, Our Boarding House, Prospectus, State bar association, BY, Frontier Airlines, THE, NYSE, Spirit Airlines, ULCC, SEC, Risk, Tripura Merger Agreement, Eastern Time Zone, AND, CEO, Frontier Airlines Holdings, Attention, Shareholder, Failure, Goal, Private Securities Litigation Reform Act, Airline, Speech, NASDAQ, Assistant, Washington State Bar Association, Sale, Form, Â, Institutional Shareholder Services, Registration statement, Lawyer, Special, Holding company, Frontier, Spirit

Now look, I am not a lawyer I have counsel but didnt speak to them about this but I just know enough.

Key Points: 
  • Now look, I am not a lawyer I have counsel but didnt speak to them about this but I just know enough.
  • In addition, today Spirit released a new video of Mr. Christie urging Spirit stockholders to vote FOR the merger agreement with Frontier on the WHITE proxy card.
  • Frontier and Spirit also plan to file other relevant documents with the SEC regarding the proposed transaction.
  • All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication.

JetBlue Issues Letter to Spirit Shareholders

Retrieved on: 
Wednesday, June 29, 2022
Other Travel, Transportation, Destinations, Travel, Other Transport, Vacation, Air, Transport, Annual report, Negotiation, Securities Exchange Act of 1934, Securities Act of 1933, Money transmitter, Probability, Travel, Fortification, U.S. Securities and Exchange Commission, Behavior, Letter, Failure, SPIRIT, Disease, JBLU, Public health, Forward-looking statement, BLUE, Perception, ALL, NYSE, Private Securities Litigation Reform Act, Frontier, SEC, City, NASDAQ, Ouija, Coronavirus, Management, Cryptocurrency, Lease, Online gambling, Risk management, Security (finance), Auction, JetBlue, Spirit

JetBlue (NASDAQ: JBLU) today issued an open letter to shareholders of Spirit (NYSE: SAVE).

Key Points: 
  • JetBlue (NASDAQ: JBLU) today issued an open letter to shareholders of Spirit (NYSE: SAVE).
  • Tomorrow, Spirit shareholders have YOUR chance to help assure you receive the most value for your Spirit shares by voting AGAINST the Frontier transaction.
  • The entrenched Spirit Board needs to know that you, their shareholders, want our better offer.
  • Multiple Spirit directors have significant ties to Frontiers controlling shareholder, Bill Franke, resulting in a conflicted Spirit Board more focused on securing an inferior transaction with Frontier than maximizing value for its own shareholders.

Segway Returns with Segway Across America: East Coast Edition

Retrieved on: 
Wednesday, June 29, 2022
Other Consumer, Other Transport, Women, Retail, Teens, Transport, Men, Other Technology, Family, Online Retail, Consumer, Luxury, Technology, Other Retail, Other Travel, Transportation, Public Transport, Destinations, Travel, Music, TikTok, Transport, Travel, Carbon, Segway, Industry, Segway Inc., Awareness, SVP, Solution, Motion, Tourism

Global leader in short-distance transportation solutions Segway-Ninebot is announcing Segway Across America: East Coast Edition, the third annual installment of the brands summer tour across America.

Key Points: 
  • Global leader in short-distance transportation solutions Segway-Ninebot is announcing Segway Across America: East Coast Edition, the third annual installment of the brands summer tour across America.
  • This years campaign will bring awareness to eco-friendly short-distance travel through a series of east coast events from Niagara Falls, New York, to Miami.
  • Segway Across America is such a cool concept, said sustainability advocate Yasmine Ashley, who will put a face to this years campaign.
  • In 1999, Segway was established in Bedford NH, US, which is the world leader in commercial-grade, electric, self-balancing personal transportation.

TravelCenters of America Announces Start of Annual Round Up Campaign to Support the St. Christopher Truckers Relief Fund

Retrieved on: 
Wednesday, June 29, 2022
Mobile, Wireless, Oil, Gas, Other Travel, Energy, General Automotive, Transportation, Technology, Automotive, Travel, Trucking, Transport, Other Automotive, Petro, Insurance, TravelCenters of America, ST, Man, TA, FORCE America, Inc., Smoking cessation, Round Up, Country, Woman, Eta, SCF, Health, Rail transport

TravelCenters of America Inc. (Nasdaq: TA), nationwide operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center network, is once again supporting the St. Christopher Truckers Relief Fund , or SCF, with its annual Round Up campaign.

Key Points: 
  • TravelCenters of America Inc. (Nasdaq: TA), nationwide operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center network, is once again supporting the St. Christopher Truckers Relief Fund , or SCF, with its annual Round Up campaign.
  • TA has been supporting SCF since 2010, raising more than $3 million dollars through campaigns and initiatives, including the Round Up campaign, which is now in its third year.
  • Drivers both at home and on the road need our support and the support of our amazing partners and sponsors.
  • The St. Christopher Truckers Relief Fund (SCF) helps over-the-road semi-truck drivers and their families who are out of work due to a recent illness or injury.

Archer Flight Testing Gains Momentum, On Pace to Achieve Transition Flight By Year End

Retrieved on: 
Tuesday, June 28, 2022
Engineering, Air, Aerospace, Transport, Manufacturing, Transportation, Travel, Maker, TPS, City, EVTOL, Multimedia, Industry, TWC Aviation, Inc., NYSE, Atmosphere, ACHR, CA, Airline, Jet fuel, Archery

Archer believes that its progress from first hover flight through full transition will be the fastest pace any eVTOL company has reached this milestone.

Key Points: 
  • Archer believes that its progress from first hover flight through full transition will be the fastest pace any eVTOL company has reached this milestone.
  • View the full release here: https://www.businesswire.com/news/home/20220628006177/en/
    Archer's Maker test aircraft in flight (Photo: Business Wire)
    In December of 2021 Maker successfully completed its first hover test flight.
  • Flight testing during the most recent phase has centered around various hover scenarios to analyze the TPS in the air.
  • As testing progresses, the flight envelope will be expanded with flights at increasing climb and descent rates, and airspeeds.

JetBlue’s Soar with Reading Initiative Lands in Newark, NJ with Free Digital Book Vending Machines in Five Locations Throughout the City This Summer

Retrieved on: 
Tuesday, June 28, 2022
Women, Parenting, Children, Air, Transport, Men, Family, Transportation, Consumer, Travel, Lee & Low Books, Candlewick Press, Achievement, Research, Fortification, DEI, Book, Simon & Schuster, Steinhardt, Public, JBLU, Bonnier Group, HarperCollins, Ricoh, Literature, Human, Steinhardt School of Culture, Education, and Human Development, NYU, Environment, Literacy, Imagination, Reading, City, CSR, Instagram, Twitter, Parent, Program, Multimedia, Penguin Random House, Education, Airline, Toy, JetBlue, Facebook

View the full release here: https://www.businesswire.com/news/home/20220628005979/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220628005979/en/
    Beginning today, JetBlues five free digital book vending machines are available to visitors throughout the wards of Newark.
  • The vending machines hold a diverse selection of titles and allows visitors the opportunity to search by various categories including title and author, as well as suggested reading level.
  • To date, JetBlue, through its Soar with Reading initiative, has donated more than $4 million worth of books to children in need.
  • "For more than a decade, JetBlue has been dedicated to eradicating book inequality through our Soar with Reading Program," said Icema Gibbs, vice president CSR and DEI, JetBlue.

Spirit Airlines Reaffirms Commitment to Merger with Frontier

Retrieved on: 
Tuesday, June 28, 2022
Other Travel, Transportation, Destinations, Travel, Other Transport, Logistics, Supply Chain Management, Air, Transport

Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today reaffirmed its commitment to its merger agreement with Frontier Group Holdings Inc. (Frontier) (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., and commented on the most recent revised offer from JetBlue Airways Corporation ("JetBlue") (NASDAQ: JBLU) received on June 27, 2022.

Key Points: 
  • Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today reaffirmed its commitment to its merger agreement with Frontier Group Holdings Inc. (Frontier) (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., and commented on the most recent revised offer from JetBlue Airways Corporation ("JetBlue") (NASDAQ: JBLU) received on June 27, 2022.
  • The Spirit Board of Directors strongly recommends you vote FOR the merger on the WHITE proxy card today.
  • Frontier and Spirit also plan to file other relevant documents with the SEC regarding the proposed transaction.
  • All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication.

JetBlue Welcomes Support for Superior Offer to Acquire Spirit

Retrieved on: 
Tuesday, June 28, 2022
Air, Transport, Other Travel, Transportation, Destinations, Travel, Other Transport, Annual report, Acquisition, Securities Exchange Act of 1934, Securities Act of 1933, Right to Make Transmittable, Travel, Fortification, U.S. Securities and Exchange Commission, Behavior, Hearing, Letter, SPIRIT, Disease, JBLU, Public health, Forward-looking statement, TIG, BLUE, ISS, Institutional Shareholder Services, ALL, NYSE, Private Securities Litigation Reform Act, SEC, City, NASDAQ, Ouija, Coronavirus, Management, Security (finance), Auction, JetBlue, Frontier, Spirit

JetBlue (NASDAQ: JBLU) today welcomed the recent public support in favor of its clearly superior offer to acquire Spirit (NYSE: SAVE).

Key Points: 
  • JetBlue (NASDAQ: JBLU) today welcomed the recent public support in favor of its clearly superior offer to acquire Spirit (NYSE: SAVE).
  • At the same time, the addition of the ticking fee in the JetBlue offer a provision without a counterpart in the Frontier offer provides a further level of regulatory risk mitigation.
  • Our decisively superior offer is being recognized by Spirit shareholders and proxy advisors as providing more for Spirit shareholders than the ill-fated Frontier merger, which the conflicted Spirit Board has entered into, said Robin Hayes, chief executive officer, JetBlue.
  • Shareholders can send a clear message to the Spirit Board by voting No at the upcoming Spirit special meeting.

PPG to Increase U.S. Aerospace Products Manufacturing Output to Meet Rising Demand

Retrieved on: 
Tuesday, June 28, 2022
Other Transport, Other Manufacturing, Air, Transport, Chemicals, Plastics, Aerospace, Manufacturing, Transportation, Travel, Aerospace, Korte, ASC, Employment, Adhesive, NYSE, Â, Aviation, Creativity, Speciality chemicals, PPG

PPG (NYSE:PPG) today announced that it will increase manufacturing output to meet rising demand for its commercial aerospace aftermarket products.

Key Points: 
  • PPG (NYSE:PPG) today announced that it will increase manufacturing output to meet rising demand for its commercial aerospace aftermarket products.
  • The company expects to increase employment levels at its Huntsville, Ala. and Sylmar, Calif. manufacturing facilities by up to 20% to fulfill higher demand from new and existing customers.
  • Weve benefited from year-over-year improvements in the market, said Dan Korte, PPG global vice president, Aerospace.
  • PPG is also investing in increased factory automation to enhance delivery times for aerospace coatings and sealants.

TripStack and Navitaire Announce Strategic Partnership to Bring Virtual Interline Technology to Airlines

Retrieved on: 
Tuesday, June 28, 2022
Technology, Air, Transport, Software, Networks, Other Travel, Transportation, Data Management, Travel, CEO, Travel, Growth, Partnership, Technology, Solution, Navitaire, Airport, Airline, Virtual

TripStack and Navitaire announced today that the companies have entered into a strategic partnership that will enable Navitaire hosted carriers to sell Virtual Interline (also known as self-connect) itineraries powered by TripStack technology.

Key Points: 
  • TripStack and Navitaire announced today that the companies have entered into a strategic partnership that will enable Navitaire hosted carriers to sell Virtual Interline (also known as self-connect) itineraries powered by TripStack technology.
  • Virtual Interlining combines flights between carriers without traditional interline agreements, with passengers being responsible for transferring their checked baggage between carriers at connecting airports.
  • We believe our partnership with TripStack, another leader focused on enabling true Virtual Interline capabilities, can provide groundbreaking opportunities for our airline customers, said David P. Evans, Navitaire CEO.
  • Together, well offer a flexible and less complex way for airlines to reach more customers using modern technology to streamline the Virtual Interline booking process.