merger

Spirit Airlines Postpones Vote on Frontier Deal

Spirit Airlines has decided to postpone its scheduled shareholder meeting to Thursday, June 30 to give itself time to discuss whether to merge with JetBlue or Frontier. Spirit shareholders were set to vote on Frontier’s offer at the shareholder meeting on Friday. In a statement announcing the delayed vote, Spirit said it remained bound by […]

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Lawmakers Seek More Scrutiny for Frontier-Spirit Merger

Members of the U.S. House and Senate are urging the Biden administration to “closely review” Frontier Airlines’ planned acquisition of Spirit Airlines because of concerns the combined company “would further concentrate and even monopolize the ultra-low-cost carrier, or ULCC, segment of the industry.” The group of lawmakers including Senators Elizabeth Warren (D-Mass.), Ben Ray Lujan […]

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Shareholders Approve Lilium Merger

Air taxi developer Lilium will officially launch on the Nasdaq stock exchange on September 15, the company said, after shareholders of special purpose acquisition company (SPAC) Qell Acquisition Group approved a merger Friday. “We are thrilled that Qell shareholders have chosen to support our vision to accelerate the decarbonisation of air travel and will join […]

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