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Stock impact report

Spirit Airlines CEO Calls the Airline Industry a 'Rigged Game' [Yahoo! Finance]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: Yahoo! Finance
He told listeners on the company's earnings call, which discussed numbers so dour they sent Spirit shares down nearly 10% in Monday trading, that he was speaking to them from the carrier's new digs in Dania Beach, Florida. “Until recently, we thought the branding of the new facility might be blue, but now we are proud to boldly display our signature Spirit yellow,” he said. Then, without missing a beat: “Looking back a couple of months, we still feel strongly it was a serious misreading of both the evidence and the law for the federal court to enjoin our merger with JetBlue.” The federal government had sued to block the $3.8 billion deal on antitrust grounds, and a judge agreed. On his first earnings call since calling off the tie-up, Christie suggested that the true threats to airline competition were the likes of American Air Lines, Delta Airlines, United Airlines, and Southwest Airlines, a few rungs up the marketshare ladder from Spirit and JetBlue. “Today, nearly all the pr Show less Read more
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