Spirit Airlines' $500 million rescue funding talks face setback [Yahoo! Finance]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: Yahoo! Finance
Spirit Airlines' bid to receive a potential $500 million rescue from the federal government apparently is in a stalemate. Reuters reported, citing Bloomberg News, that a collection of lenders, including Citadel, a hedge fund, is contesting the proposed terms of the deal that may diminish the value of their claims, while lowering reclamations. The lenders introduced a counterproposal to Spirit Airlines but has yet to receive a response. RELATED: Trump suggests bailout or merger as Spirit Airlines faces mounting costs These latest developments with the Spirit Airlines proposed deal come after the budget carrier reportedly won the support of two of its three creditor groupings to obtain a financial bailout. According to Reuters, if the creditor groups working with Spirit agree to a bailout deal, a federal bankruptcy hearing may be scheduled in New York on Thursday. Last week, President Donald Trump intimated on April 21 in a CNBC interview that the federal government may consi
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JBLU
News
- JetBlue Adds Redemption Benefits to China Airlines Partnership [Yahoo! Finance]Yahoo! Finance
- United's Kirby plays down merger with a small airline, touts deal with American [Yahoo! Finance]Yahoo! Finance
- JetBlue Plans 30-40% "Fuel Recapture" Fare Hikes, Capacity Cuts To Cover Rising Costs [zero hedge]zero hedge
- JetBlue Adds Redemption Benefits to China Airlines PartnershipBusiness Wire
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of JetBlue Airways Corporation - JBLUACCESS Newswire
JBLU
Earnings
- 4/28/26 - Miss
JBLU
Sec Filings
- 4/28/26 - Form 10-Q
- 4/28/26 - Form 8-K
- 4/23/26 - Form 4
- JBLU's page on the SEC website