Earlier this year, Spirit Airlines and Frontier Airlines announced that they would be combining into a brand new budget airline.
©Frontier Airlines
This would be great news for people trying to fly to Disney World, as both of the airlines are some of the busiest at Orlando International Airport. But, things got a bit more complicated when JetBlue Airways stepped in and made a bigger bid to buy Spirit. Spirit has rejected that offer, but JetBlue is not giving up.
JetBlue is now going hostile in its bid to buy Spirit Airlines, according to the Orlando Sentinel. The company has asked shareholders of Spirit to reject the proposed $2.9 billion acquisition by Frontier Airlines. Spirit has already rejected JetBlue’s offer of $3.6 billion twice now.
©GETTY IMAGES
Spirit Airlines is currently the number 2 busiest airline at Orlando International Airport. They have rejected the JetBlue bid saying that antitrust regulators are unlikely to approve the offer from the airline due to its alliance with American Airlines in the Northeast.
©Spirit Airlines
The CEO of JetBlue, Robin Hayes, said in a letter that “The Spirit Board based its rejection on unsupportable claims that are easily refuted.” Hayes also said that JetBlue is offering a significant premium in cash, more certainty, and more benefits for all Spirit investors.
Spirit Airlines
Shareholders of Spirit Airlines Inc. are supposed to vote on the Frontier bid on June 10th, according to the Orlando Sentinel. Spirit’s board supports the bid from Frontier, and reportedly anticipates that the deal with the airline will close in the second half of this year. The bid from Frontier Group Holdings Inc. would let Spirit shareholders keep 48.5% of the combined airline.
Seats on Spirit Airlines
We’ll keep an eye on the situation and bring you the latest news and updates, so stay tuned to DFB for more.
Click here to learn more about why Spirit rejected JetBlue’s offer
Join the DFB Newsletter to get all the breaking news right in your inbox! Click here to Subscribe!
WE KNOW DISNEY.
YOU CAN, TOO.
Oh boy, planning a Disney trip can be quite the adventure, and we totally get it! But fear not, dear friends, we compiled EVERYTHING you need (and the things to avoid!) to plan the ULTIMATE Disney vacation.
Whether you're a rookie or a seasoned pro, our insider tips and tricks will have you exploring the parks like never before. So come along with us, and get planning your most magical vacation ever!
Which airline do you use to get to Orlando? Tell us in the comments!
Our handy (and portable!) ebook guides make sure you get the best deals and can plan a vacation of a lifetime.
TRENDING NOW
Disney has dropped some MAJOR announcements -- get all the details here!
We have the FULL MENU for Hollywood Studio's newest snack stand!
Everything coming to the Magic Kingdom in June.
These bags are made specifically with air travel in mind.
A popular Disney World restaurant closed with no reopening date announced!
New snacks are coming to Disneyland Resort soon!
We just got a look into the BRAND NEW pre-show at Disney's Rock 'n' Roller...
Looking for more information about the FOOD on board the Disney Wish! We've got all...
What you need to know before you pin trade in Disneyland.
We're taking a look at some pricy and COOL Mickey merch! Check it out!
We've compiled a FULL list of the prices for EVERY single night of Mickey's Not-So-Scary...
Here's when all that new stuff is schedule to open in Disney World.
Why have just one Baby Yoda figurine when you could have SIX? That's how many...
We're breaking down some of the highlights at one of Magic Kingdom's most popular restaurants.
We tried an $11 breakfast sandwich at Magic Kingdom, and we have thoughts.
Rose and Crown Pub and Dining Room in Epcot's World Showcase is a stunning recreation...
We're taking a look at the current version of the Chili Cheese Dog at Casey's...
Parents really need to take note!
Brand NEW BaubleBar x Disney Ears just dropped online!
Beware of this power outage at a Disney World hotel if you're planning a trip...