Southwest Effect

JetBlue Issues Statement on Its Northeast Alliance with American Airlines

Retrieved on: 
Wednesday, July 5, 2023

As a direct result of the NEA, customers benefitted from more of JetBlue’s low-fare, high-quality service than ever.

Key Points: 
  • As a direct result of the NEA, customers benefitted from more of JetBlue’s low-fare, high-quality service than ever.
  • For these reasons, we strongly disagree with the court’s ruling against the NEA and stand behind the procompetitive impact of the alliance.
  • The NEA is a complex partnership with many thousands of customers who have already booked travel in the months ahead.
  • For customers, it’s important to note that nothing will change immediately and they can feel confident in new and existing bookings for the coming months.

Leading Independent Proxy Advisory Firm ISS Recommends Spirit Shareholders ‘Vote No’ on Frontier Transaction

Retrieved on: 
Tuesday, May 31, 2022

JetBlue (NASDAQ: JBLU) today announced that Institutional Shareholder Services (ISS), the leading independent proxy advisory firm, has issued a report recommending that Spirit (NYSE: SAVE) shareholders vote AGAINST the inferior, high-risk, and low-value Frontier transaction at Spirits upcoming special meeting.

Key Points: 
  • JetBlue (NASDAQ: JBLU) today announced that Institutional Shareholder Services (ISS), the leading independent proxy advisory firm, has issued a report recommending that Spirit (NYSE: SAVE) shareholders vote AGAINST the inferior, high-risk, and low-value Frontier transaction at Spirits upcoming special meeting.
  • Spirit shareholders can send that strong message to their Board by voting against the Frontier transaction and against adjournment.
  • Spirit shareholders are encouraged to read more about JetBlues proposal, and the Spirit Boards attempt to defend the inferior Frontier transaction, at JetBlueOffersMore.com.
  • JetBlue urges Spirit shareholders to vote AGAINST the Frontier transaction on the BLUE proxy card, vote AGAINST adjournment of the special meeting, and tender their shares into JetBlues cash tender offer.

JetBlue Submits Enhanced Superior Proposal to Acquire Spirit

Retrieved on: 
Monday, May 2, 2022

JetBlue (NASDAQ: JBLU) 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.

Key Points: 
  • JetBlue (NASDAQ: JBLU) 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.
  • JetBlue overlaps with Spirit only on 48 nonstop routes compared to Spirit and Frontiers overlap on 76 nonstop routes (d).
  • This press release relates to a proposal which JetBlue has made for a business combination transaction with Spirit.

Southwest Airlines Joins Sabre Providing Industry-Standard Level Of Access To Carrier's Low Fares And Network As It Welcomes Business Travelers Back To The Sky

Retrieved on: 
Monday, July 26, 2021

As more businesses begin to open, we look forward to welcoming more travelers back to the sky with Southwest's famous Hospitality and Heart that sets Southwest apart within the airline industry."

Key Points: 
  • As more businesses begin to open, we look forward to welcoming more travelers back to the sky with Southwest's famous Hospitality and Heart that sets Southwest apart within the airline industry."
  • Southwest has a robust network of point-to-point service with a strong presence across top leisure and business markets.
  • Southwest coined Transfarency to describeits purposed philosophy of treating Customers honestly and fairly, and low fares actually staying low.
  • Book Southwest Airlines' low fares online at Southwest.com or by phone at 800-I-FLY-SWA.