{"id":124609,"date":"2022-04-11T20:07:57","date_gmt":"2022-04-11T20:07:57","guid":{"rendered":"https:\/?p=124609"},"modified":"2022-04-11T20:11:19","modified_gmt":"2022-04-11T20:11:19","slug":"jetblue-frontier-in-high-stakes-battle-for-spirit","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2022\/04\/jetblue-frontier-in-high-stakes-battle-for-spirit.html","title":{"rendered":"Factbox: JetBlue, Frontier in High-Stakes Battle for Spirit Airlines"},"content":{"rendered":"\n

JetBlue Airways and Frontier Group<\/strong> are in a tug of war for low-cost carrier Spirit Airlines<\/strong>, as U.S. airlines jostle for a larger share of the rebounding leisure travel market to better compete with legacy carriers, Reuters<\/a> reported.<\/p>\n\n\n\n

JetBlue made an unsolicited offer of $33 per share in cash, surpassing a near $25 per share cash-and-stock bid from Frontier made in February, prompting Spirit to open talks with the New York-based airline.<\/p>\n\n\n\n

\u2192 Jetblue Announces Direct Flights Between Boston and London.<\/a><\/strong><\/em><\/p>\n\n\n\n

Here is a brief look into the companies at the heart of the latest consolidation in the U.S. airline industry:<\/p>\n\n\n\n

Spirit Airlines<\/strong><\/p>\n\n\n\n

Spirit Airlines was founded in 1964 as Clippert Trucking Co. It operates in more than 85 destinations across 16 countries, including the United States, Latin America and the Caribbean.<\/p>\n\n\n\n

Headquarters:<\/strong> Miramar, Florida
Fleet:<\/strong> Operated 173 aircraft as of Dec. 31, 2021
Fleet type: <\/strong>Airbus (A319, A320ceo, A320neo, A321)
Revenue:<\/strong> $3.23 billion for year ended 2021
Market Cap:<\/strong> $2.85 billion, according to Refinitiv data
Routes: <\/strong>360 markets served by 85 airports
Employees: <\/strong>9,823 active employees as of Dec 31, 2021<\/p>\n\n\n\n

JetBlue Airways Corp<\/strong><\/p>\n\n\n\n

The airline was incorporated in August 1998.<\/p>\n\n\n\n

Headquarters: <\/strong>Long Island City, New York
Fleet: <\/strong>Operated 282 aircraft as of Dec. 31, 2021
Fleet type:<\/strong> Airbus A220, Airbus A320, Airbus A321, Airbus A321neo, and Embraer E190
Revenue:<\/strong> $6.04 billion for year ended 2021
Market Cap: <\/strong>$3.82 billion, according to Refinitiv data
Routes: <\/strong>Over 100 destinations across the United States, the Caribbean and Latin America, and between New York and London
Employees:<\/strong> Employed an average of 15,452 full-time and 4,014 part-time crew members for the year ended Dec. 31, 2021<\/p>\n\n\n\n

Frontier Group Holdings<\/strong><\/p>\n\n\n\n

Frontier Group, operating as Frontier Airlines, was incorporated in September 2013 by ultra-low-cost airline pioneer Bill Franke. The carrier flies Airbus aircraft across the United States and some international destinations.<\/p>\n\n\n\n

Headquarters:<\/strong> Denver, Colorado
Fleet: <\/strong>Operated 110 aircraft as of Dec 31, 2021
Fleet type:<\/strong> Airbus single-aisle aircraft; A320ceos, A320neos , A321ceos
Revenue: <\/strong>$2.06 billion for year ended 2021
Market Cap: <\/strong>$2.33 billion, according to Refinitiv data
Routes:<\/strong> U.S., Mexico, Puerto Rico, Jamaica, Guatemala, El Salvador, Dominican Republic, and Canada
Employees:<\/strong> 5,502 total employees, as of Dec 31, 2021<\/p>\n\n\n\n

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