SPIRIT AIRLINES

Frontier Airlines on Friday added more cash and a larger breakup fee to its offer to buy Spirit Airlines, and the Spirit board repeated its preference for Frontier over a rival bid by JetBlue Airways. Frontier added $2 in cash to its previous offer of $2.13 in cash and 1.9126 shares of Frontier for each Spirit share. Spirit said that, given the sweetened terms, its board reiterated its unanimous recommendation that shareholders approve the Frontier offer at a special meeting next Thursday. Frontier's move was the latest gambit in a fight between Frontier and JetBlue to see who gets the nation's largest discount airline. On Monday, New York-based JetBlue raised its all-cash offer to $33.50 per share, or more than $3.6 billion.

The bidding war over Spirit Airlines is heating up again.

Frontier Airlines sweetened its offer to combine with fellow budget carrier Spirit Airlines, that airline said late Friday, less than a week before Spirit shareholders are set to vote on the deal.

A possible mechanical issue forced a Spirit Airlines flight to make an emergency landing at Detroit Metro Airport, an official said.

These are the stocks posting the largest moves in midday trading.

These are the stocks posting the largest moves before the bell.

NEW YORK — (AP) — JetBlue Airways on Monday increased its offer to buy Spirit Airlines, raising the stakes again in a battle over the nation's biggest budget airline. New York-based JetBlue said it increased its cash offer to $33.50 per share, or more than $3.6 billion. That is an increase per share of $2 over a June 6 offer and 50 cents over JetBlue's original April bid. Frontier Airlines put Spirit in play in February when boards of the two airlines agreed to a merger in which Spirit shareholders would get cash and 48.5% of the combined company. Shareholders of Miramar, Florida-based Spirit are scheduled to vote June 30 on the Frontier bid, and JetBlue is trying to convince investors to scuttle the agreement and drive Spirit into JetBlue's arms.

JetBlue is boosting its offer to buy Spirit Airlines, raising the stakes again in the bidding war over the nation’s biggest budget airline.

JetBlue recently sweetened its offer for Spirit to include a $350 million reverse break-up fee.

JetBlue-Spirit FLE - A line of Spirit Airlines jets sit on the tarmac at the Orlando International Airport on May 20, 2020, in Orlando, Fla. The bidding war over Spirit Airlines continues, with JetBlue raising its offer for the discount carrier just days after Frontier boosted its bid. Spirit shareholders are also scheduled to vote Friday on Frontier's offer. (AP Photo/Chris O'Meara, File) (Chris O'Meara)Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday shareholder vote on whether to accept one of those buyout offers after a flurry of counter proposals from JetBlue and Frontier Airlines. The bidding war for Spirit has heated up in the past few days, with JetBlue attempting to allay concerns that the U.S. would block its acquisition.

Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday vote on whether to accept one of those buyout offers after a flurry of counter proposals from JetBlue and Frontier Airlines.

Spirit Airlines is postponing its Friday shareholder meeting until June 30 so it can continue talks with stockholders, Frontier Airlines and JetBlue Airways.

These are the stocks posting the largest moves in midday trading.

Financial Markets Wall Street FILE - A Wall Street sign is shown in the Financial District, on Oct. 13, 2021, in the Manhattan borough of New York. Stocks are opening lower on Wall Street on Friday, June 3, 2022, putting indexes back into the red for the week. (AP Photo/John Minchillo, File) (John Minchillo)NEW YORK — (AP) — Stocks are off to a higher start on Wall Street Monday led by more gains in big tech companies. Meanwhile, The Wall Street Journal reported Washington plans to lift tariffs on Chinese-made solar panels and Commerce Secretary Gina Raimondo said President Joe Biden was “looking at” ending other duties. Wall Street traders have been uneasy about the possibility Federal Reserve interest rates aimed at cooling inflation that is running at a four-decade high might tip the U.S. economy into a recession.

JetBlue-Spirit FLE - A line of Spirit Airlines jets sit on the tarmac at the Orlando International Airport on May 20, 2020, in Orlando, Fla. The bidding war over Spirit Airlines continues, with JetBlue raising its offer for the discount carrier just days after Frontier boosted its bid. (AP Photo/Chris O'Meara, File) (Chris O'Meara)The bidding war over Spirit Airlines is ramping up again with JetBlue boosting its offer for the discount carrier just days after rival Frontier upped its own bid for Spirit. JetBlue said Monday that it will now provide a $350 million reverse break-up payable to Spirit if a deal between the two isn't completed for antitrust reasons. JetBlue's announcement comes less than a week after Frontier Airlines added a $250 million termination fee to its proposal.

The bidding war over Spirit Airlines is ramping up again with JetBlue boosting its offer for the discount carrier just days after rival Frontier upped its own bid for Spirit.

The stocks making the biggest moves in premarket trading include Spirit Airlines, Didi Global, Keurig Dr Pepper, and more.

Stocks are off to a higher start on Wall Street Monday led by more gains in big tech companies.

Frontier Airlines' parent company said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don't approve the planned merger.

Oklahoma's state legislature has passed an anti-abortion law that would be the most restrictive law in the nation. The legislation prohibits abortion at any point in pregnancy, except to save a woman's life or in cases of rape or incest reported to police. CBS News chief legal correspondent Jan Crawford reports.

JetBlue launched a hostile takeover of Spirit earlier this week with $30-a-share tender offer.

The announcement clears a labor hurdle among the biggest worker groups at the airlines.

These are the stocks posting the largest moves in midday trading.

Airline hopes to convince investors that its offer is superior to Spirit's $2.9 billion deal with Frontier.

JetBlue wrote to Spirit shareholders Monday, offering $30 a share and encouraging them to vote against the Frontier deal.

The stocks making the biggest moves in premarket trading include Spirit Airlines, Carvana, Warby Parker and more.

Spirit-Frontier A Frontier Airlines aircraft flying over Gloster City, N.J., approaches Philadelphia International Airport, Oct. 22, 2021. Spirit Airlines' board still supports Frontier Airlines' $2.9 billion takeover bid for the airline, saying it determined JetBlue's competing $3.6 billion offer isn't a superior proposal. (AP Photo/Matt Rourke) (Matt Rourke)JetBlue is going hostile in its bid for Spirit Airlines and asking Spirit shareholders to reject a proposed $2.9 billion acquisition by Frontier Airlines. Spirit shareholders are scheduled to vote June 10 on the Frontier bid, which is favored by the Spirit board. Spirit has cited uncertainty about regulatory approval of JetBlue’s $3.6 billion offer for the Florida budget carrier.

JetBlue is going hostile in its bid for Spirit Airlines.

In February, Spirit and Frontier announced plans to merge in what would create a massive discount airline, the fifth-largest carrier in the U.S.

Spirit Airlines’ board still supports Frontier Airlines’ $2.9 billion takeover bid for the airline, saying it determined JetBlue’s competing $3.6 billion offer isn’t a superior proposal.

JetBlue faced a host of delays in April due to bad weather in Florida.

ORLANDO, Fla. — Flight attendants for Spirit Airlines said they are not happy with some of the conditions they face on the job. WATCH: Travelers face surge of flight delays, cancelations at Orlando International AirportSeveral flight attendants grabbed signs this week and protested outside of Orlando International Airport. Union leaders said recent cancellations left flight attendants working long hours, dealing with disgruntled passengers. Photos: Flight attendants at Orlando International Airport protest working conditionsExpand Autoplay Image 1 of 8 Flight attendants at Orlando International Airport protest working conditionsLast week, Spirit canceled more than 30% of its flights, which was the fourth mass cancellation since August. WATCH: Orlando International Airport sees a surge of spring break travelersSpirit has promised to improve the working conditions.

Airlines have struggled with a surge in demand that materialized faster than they expected.

Workers with Spirit Airlines shouted, "enough is enough" on Monday as they walked with yellow signs that read "contract violations must end now" outside Orlando International Airport.

Barry Biffle is juggling his day job as CEO of Frontier Airlines while also working to save a proposed merger with Spirit Airlines that would create the nation’s fifth-biggest carrier by some measures.

JetBlue apologized for the recent flight disruptions.

JetBlue is offering flight attendants $1,000 bonuses for perfect attendance from Friday through May 31.

These are the stocks posting the largest moves before the bell.

JetBlue Spirit FILE - The tail of a JetBlue Airways Airbus A321 is shown as the plane prepares to take off from Fort Lauderdale-Hollywood International Airport, Tuesday, Jan. 19, 2021, in Fort Lauderdale, Fla. JetBlue Airways is trying to buy Spirit Airlines and break up a plan for Spirit to merge with fellow budget airline Frontier. (AP Photo/Wilfredo Lee, File) (Wilfredo Lee)DALLAS — (AP) — Spirit Airlines said late Thursday that it will talk to JetBlue Airways about its $3.6 billion bid to combine the two airlines, which appeared to leapfrog an earlier offer by Frontier Airlines. Some analysts have questioned whether JetBlue is underestimating the difficulty and cost of combining two very different airlines. JetBlue operates with higher fares but offers travelers more amenities than Spirit. Both JetBlue and Frontier say that acquiring Spirit would help them compete against the nation's four biggest airlines — American, Delta, United and Southwest.

The fight for Spirit Airlines is heating up again.

A Spirit flight made an emergency stop at Daytona Beach International Airport Thursday morning following a suspected mechanical issue, according to airline officials.

JetBlue Spirit FILE - A Spirit Airline aircraft flying over Gloster City, N.J., approaches Philadelphia International Airport Friday, Oct. 22, 2021. JetBlue Airways has offered to buy Spirit Airlines for about $3.6 billion and break up a plan for Spirit to merge with rival budget carrier Frontier Airlines. Spirit said Tuesday, April 5, 2022, that its board will evaluate the JetBlue bid and decide what's best for its shareholders. (AP Photo/Matt Rourke, File) (Matt Rourke)DAYTONA BEACH, Fla. — A Spirit Airlines flight bound for Fort Lauderdale made an unexpected landing at Daytona Beach International Airport on Thursday. “Safety is our top priority and we will be removing the plane from service to be inspected by our maintenance department,” airline officials said in a statement.

Investors seem to be taking a slightly dim view of JetBlue's bid to buy Spirit Airlines for $3.6 billion.

JetBlue's bid confounded some analysts.

These are the stocks posting the largest moves before the bell.

Spirit said it received an unsolicited bid from JetBlue, two months after Spirit announced plans to merge with Frontier Airlines.

JetBlue Airways has offered to buy Spirit Airlines for about $3.6 billion and break up a plan for Spirit to merge with rival budget carrier Frontier Airlines. Spirit said Tuesday that its board will evaluate the JetBlue bid and decide what's best for its shareholders. JetBlue offered offered $33 per share in cash, which would be about 40% higher than Frontier would pay for Spirit under terms of a deal announced in February. Shares of Florida-based Spirit soared 22% after The New York Times first reported the JetBlue bid Tuesday. Those same regulators already weighed in last year to block a much more limited partnership between JetBlue and American Airlines.

JetBlue Airways is trying to buy Spirit Airlines and break up a plan for Spirit to merge with fellow budget airline Frontier.

JetBlue Airways has offered to buy Spirit Airlines for about $3.6 billion and break up a plan for Spirit to merge with rival budget carrier Frontier Airlines. Spirit said Tuesday that its board will evaluate the JetBlue bid and decide what's best for its shareholders. JetBlue offered $33 per share in cash, which would be about 40% higher than Frontier would pay for Spirit under terms of a deal announced in February.

Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Shares of Spirit Airlines surged more than 22% on Tuesday after a report that JetBlue Airways has made a bid for the budget carrier. Trading in Spirit was halted before the market close. JetBlue's bid, reported by The New York Times, comes less than two months after Spirit and budget rival Frontier Airlines agreed to combine. JetBlue, Spirit and Frontier didn't immediately comment to CNBC.

However, airlines that do much of their flying in Florida were still struggling Monday, especially Spirit Airlines. Airlines scrubbed about 650 U.S. flights by midafternoon Monday, according to tracking service FlightAware.com. “The airlines are scrambling to get people where they want to go, they’re working to get planes to and from Florida. It’s going to take a couple days.”On Monday, Spirit, which is based in Miramar, Florida, canceled about 250 flights, or 30% of its schedule. Alaska Airlines, the fifth-largest U.S. carrier, canceled about 40 flights or 5% of its schedule Monday.

Air travelers in the U.S. are getting a break after a bad weekend that left thousands of flyers stranded.

WASHINGTON — (AP) — Several congressional Democrats are warning that the proposed combination of Frontier Airlines and Spirit Airlines would reduce competition among low-cost carriers and drive up fares during a time of inflation. The lawmakers said previous mergers have hurt consumers and workers, and if Frontier and Spirit ever drop their budget-carrier business model, the industry “would lose an important check on prices.”Sens. In September, the Justice Department sued to block a partnership in which American Airlines and JetBlue Airways agreed to work together in the Northeast. Frontier and Spirit announced last month that they would combine in a $2.9 billion deal to create the nation's fifth-largest airline by passenger-carrying capacity. They say their deal would help consumers by creating a more powerful low-cost competitor to American, Delta, United and Southwest, which together control about 80% of the U.S. air-travel market.

Several congressional Democrats are raising doubts about the proposed merger of Frontier and Spirit airlines.

Spirit Airlines is planning to open crew bases in Atlanta and Miami this year, according to a note sent to flight attendants.

Ponce is on Puerto Rico’s southern coast and is the U.S. territory’s second-largest city.

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. Spirit Airlines’ anticipated merger with ultra-low-cost competitor Frontier Airlines is expected to create thousands of jobs. Read: Deputies: 2 dead after shooting at Lake County homeCombined, Miramar-based Spirit (Nasdaq: SAVE) and Denver-based Frontier Airlines (Nasdaq: ULCC) had a fleet of 283 aircraft at the end of 2021. The airlines would more than double their combined fleet in the coming years, with 350 aircraft set to be delivered this decade, Becker said in a note to investors. Read: Trio accused of trafficking teenagers for sex; MBI believes there are more victimsClick here to read the full story on the Orlando Business Journal’s website.

Spirit Airlines Spirit Airlines aircraft are shown at the George Bush Intercontinental Airport on Aug. 5, 2021, in Houston, Texas. (Brandon Bell/Getty Images)MIRAMAR, Fla. — Technology issues impacting Spirit Airlines’ website and “other systems” forced a Monday afternoon ground stop, the company confirmed. “Our airport operations are running, and we are working to restore website functionality,” Spirit officials states. If a Spirit flight is not available today or tomorrow, the airline will look for other options including other airlines and hotel accommodation as needed. If your flight has been delayed by more than 2 hours, you can be rebooked on another Spirit flight or receive a reservation credit or a refund if you do not wish to fly.

Spirit and Frontier overlap on more than 500 routes.

The combined airline would offer 1,000 daily flights to more than 145 destinations in 19 countries and directly add 10,000 jobs by 2026.

These are the stocks posting the largest moves in midday trading.

Discount carriers say joining forces will let them offer more low-cost fares in the U.S., Latin America and Caribbean.

The stocks making the biggest moves in premarket trading include Spirit Airlines, Peloton, Energizer, and more.

There may be one less low-cost air carrier in the future. Frontier has signed a deal to buy Spirit Airlines in a cash and stock deal. >> Read more trending newsThe sale will create the nation’s fifth-largest carrier, The Associated Press reported. The sale will include $2.9 billion in cash and the remaining $3.7 billion will come in stocks. Check back for more on this developing story.

Frontier Airlines and Spirit Airlines are proposing to combine in a $2.9 billion deal.

Frontier Airlines and Spirit Airlines have agreed to merge, creating what would become the fifth-largest airline in the country.

The Wall Street Journal's latest annual ranking of the nine largest U.S. airlines takes into account factors like cancellations, delays and passenger complaints.

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By Monday afternoon, Orlando International Airport was only dealing with 18 American Airlines cancellations.

A Spirit Airlines flight heading to South Florida had to be evacuated Saturday in New Jersey.

Spirit Airlines is putting numbers on a damaging stretch of flight cancellations this summer.

Two people were killed in a crash involving a tractor trailer Wednesday morning, according to the Leesburg Police Department.

Problems persist for Spirit Airlines.

A pedestrian was killed in a crash in Marion County around 9:17 p.m. on Friday, according to the Florida Highway Patrol.

A back-to-school event at a Walmart in Ocoee will be offering free COVID-19 doses Friday afternoon.

Friday is International Beer Day and while you may not need an occasion to celebrate, why not take advantage of the “holiday” to try out a Central Florida brewery?

Employees at CVS will be starting at a new minimum wage rate in the next year, according to a press release.

A 47-year-old Ormond Beach man was killed in a crash in Daytona Beach around 5:45 p.m. on Tuesday, according to the Florida Highway Patrol.

Spirit Airlines canceled 79 flights at the Orlando International Airport and hundreds of flights nationwide again stranding thousands of passengers on Tuesday for the third day in a row.

For the third day in a row, Spirit Airlines is facing significant disruptions.

It's summertime and airports are packed with vacationers again.

Spirit Airlines passengers are enduring long waits due to canceled flights.

Airlines are adding more flights as the number of travelers continues to rise.

DeSantis reassured travelers flying would not increase their chances of catching the virus but didnt disclose what data or studies could prove that. DeSantis said we track the best we can what goes on in Florida and asked the airline representatives if theyve seen in outbreaks related to air travel. The research we have seen to date, and our own investigations with the worlds airlines, tell us that the risk of catching COVID-19 on a flight remains very low. In general, the longer you are around a person with COVID-19, the more likely you are to get infected, according to CDC information on COVID-19 and travel. However, social distancing is difficult on crowded flights, and sitting within 6 feet of others, sometimes for hours, may increase your risk of getting COVID-19, according to CDC.gov.

Separately, key members of Congress said they are investigating aviation contractors that took federal payroll aid and then laid off thousands of workers. Airlines and airline contractors who received cash from a $32 billion pool of federal payroll aid agreed not to lay off workers until Oct. 1. Airline labor unions are lobbying Congress for six more months of federal aid. Some contractors who received money laid off workers anyway, according to three Democrats in the U.S. House of Representatives. At Spirit, the pilots union said it was notified Wednesday that 806 pilots could be furloughed, or terminated with rehiring rights.

FORT LAUDERDALE, Fla. Several Spirit Airlines employees were injured Tuesday night when they were attacked by three women who were apparently upset that their flight from Fort Lauderdale to Philadelphia had been delayed, sheriff's officials said. The women hit the employees with miscellaneous items, such as phones, shoes, full water bottles, metal boarding signs and fast food, according to Broward Sheriff's Office arrest reports. The incident happened outside the gate of a flight to Philadelphia in the airport's Terminal 4. Deputies arrested the women, who are all from Philadelphia. Tymaya Wright, 20, was charged with battery and petit theft for taking a Spirit employees phone and putting it in her backpack.