Cortney Danielle Moore - HoustonNewMedia.org https://houstonnewmedia.org/author/cortney-danielle-moore/ Building "Bridges" Across the Bayou City! Fri, 21 Feb 2025 20:40:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 Cortney Danielle Moore - HoustonNewMedia.org https://houstonnewmedia.org/author/cortney-danielle-moore/ 32 32 103504436 Spirit to exit bankruptcy, billionaire Ken Griffin’s Citadel among buyers https://houstonnewmedia.org/spirit-to-exit-bankruptcy-billionaire-ken-griffins-citadel-among-buyers/?utm_source=rss&utm_medium=rss&utm_campaign=spirit-to-exit-bankruptcy-billionaire-ken-griffins-citadel-among-buyers Fri, 21 Feb 2025 20:40:45 +0000 http://houstonnewmedia.org/?guid=e48f4c95e8bfbdcee53dbe9457b44848 Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders.

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]]> 906984 Bankrupt Spirit Airlines seeks recapitalization after rejecting Frontier’s bid https://houstonnewmedia.org/bankrupt-spirit-airlines-seeks-recapitalization-after-rejecting-frontiers-bid/?utm_source=rss&utm_medium=rss&utm_campaign=bankrupt-spirit-airlines-seeks-recapitalization-after-rejecting-frontiers-bid Thu, 13 Feb 2025 14:04:13 +0000 http://houstonnewmedia.org/?guid=aa1ada42502b6a008976c6a3fddd7952 A bankruptcy court hearing to confirm Spirit's plan of reorganization is scheduled for Feb. 13.

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]]> 902283 Spirit Airlines may file for bankruptcy https://houstonnewmedia.org/spirit-airlines-may-file-for-bankruptcy/?utm_source=rss&utm_medium=rss&utm_campaign=spirit-airlines-may-file-for-bankruptcy Thu, 14 Nov 2024 14:00:09 +0000 http://houstonnewmedia.org/?guid=4137668797c659c18f17cf3a4a1aa553 Spirit Airlines is in discussions about a potential bankruptcy plan following recent challenges with merger and debt negotiations, per the WSJ.

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]]> 846810 Spirit Airlines explores merger with Frontier Airlines as bankruptcy looms, WSJ reports https://houstonnewmedia.org/spirit-airlines-explores-merger-with-frontier-airlines-as-bankruptcy-looms-wsj-reports/?utm_source=rss&utm_medium=rss&utm_campaign=spirit-airlines-explores-merger-with-frontier-airlines-as-bankruptcy-looms-wsj-reports Fri, 25 Oct 2024 19:42:10 +0000 http://houstonnewmedia.org/?guid=f915a2193eaf5d0b90f1324551bf2e1a Spirit Airlines is exploring a merger with Frontier Airlines, according to a report, following the collapse of Spirit's previous deal with JetBlue.

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]]> 836471 Group 1 Automotive, others detail response following CDK Global cyber hack https://houstonnewmedia.org/group-1-automotive-others-detail-response-following-cdk-global-cyber-hack/?utm_source=rss&utm_medium=rss&utm_campaign=group-1-automotive-others-detail-response-following-cdk-global-cyber-hack Mon, 24 Jun 2024 19:43:09 +0000 http://houstonnewmedia.org/?guid=8478c6519d2559acd3b45555f004bc6a Houston-based Group 1 Automotive Inc. (NYSE: GPI) is one of several companies affected by the software breach of a major vendor.

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]]> 786147 Spirit and JetBlue kill $3.8 billion merger after federal court blocks deal https://houstonnewmedia.org/spirit-and-jetblue-kill-3-8-billion-merger-after-federal-court-blocks-deal/?utm_source=rss&utm_medium=rss&utm_campaign=spirit-and-jetblue-kill-3-8-billion-merger-after-federal-court-blocks-deal Mon, 04 Mar 2024 19:10:43 +0000 http://houstonnewmedia.org/?guid=03ab5bf9d204443233ae56f84be69480 Spirit Airlines (NYSE: SAVE) and JetBlue Airways Corp. (Nasadq: BLU) have terminated their multibillion-dollar merger agreement after a district judge ruled it would violate antitrust laws.

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]]> 732678 Spirit, JetBlue appeal court decision blocking airlines’ $3.8 billion deal https://houstonnewmedia.org/spirit-jetblue-appeal-court-decision-blocking-airlines-3-8-billion-deal/?utm_source=rss&utm_medium=rss&utm_campaign=spirit-jetblue-appeal-court-decision-blocking-airlines-3-8-billion-deal Tue, 23 Jan 2024 17:52:55 +0000 http://houstonnewmedia.org/?guid=f60b7553393becc7c3734ff2912c5eba A Massachusetts judge ruled that the merger would harm consumers by decreasing competition. The airlines disagreed, saying the combination would boost competitiveness and lower fares. Now, Spirit and JetBlue are appealing the decision.

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