• Spirit Merges with JetBlue

     
    POSTED October 20, 2022
     

Transaction is expected to close no later than the first half of 2024.

Spirit Airlines Inc. of Miramar, Florida, announced that its stockholders approved a merger agreement with JetBlue Airways Corp. of Long Island City, New York. 

Ted Christie, president and CEO of Spirit Airlines, says, “This is an important step forward on our path to closing a combination that will create the most compelling national low-fare challenger to the dominant U.S. carriers. We look forward to continuing our ongoing discussions with regulators as we work toward completing the transaction and delivering value to team members, guests, and stockholders."

The completion of the transaction is subject to customary closing conditions, including receipt of required regulatory approvals. Spirit and JetBlue expect to conclude the regulatory process and close the transaction no later than the first half of 2024.

Barclays and Morgan Stanley & Co. LLC are serving as financial advisors to Spirit, and Debevoise & Plimpton LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are serving as legal advisors.

 

Sitting at the corner of Chartres Street and St. Louis Street, the Napoleon House exudes and exhibits French history in a way that “suspends you in time,” says Executive Chef Chris Montero. The historic building’s first occupant was New Orleans Mayor Nicholas Girod from 1812 to 1815, notably offering refuge to Napoleon Bonaparte, from whom the building gets its name, during his exile. Though he never arrived, the name stuck. 

 

It’s been six years since SearchWide Global partnered with Destinations International and the International Association of Venue Managers to create a 600-hour apprenticeship program that would seed a pipeline of diverse talent for the tourism and events industry. With today’s shortage of workers and increasing emphasis on diversity and inclusion, the effort is more relevant than ever.

 

Development and hospitality management expert brings more than 30 years of experience to Virgin Hotels.