Factbox-JetBlue, Frontier in high-stakes battle for budget airline Spirit -Breaking
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(Reuters] – Frontier Group (NASDAQ: JetBlue Airways) and JetBlue Airways are fighting for low-cost airline business Spirit Airlines (NYSE:) As legacy airlines are outnumbered, U.S. airlines compete for more of the leisure travel market.
JetBlue presented an unrestricted offer of $33 per shares in cash. It was more than the $25-per-share Frontier cash-and stock bid. Spirit opened negotiations with the New York-based airline.
This is a short look at the major companies involved in consolidation of U.S. airlines industry.
Spirit Airlines Inc
Spirit Airlines began as Clippert trucking company in 1964. The airline operates at more than 85 locations in 16 countries including the United States and Latin America.
Headquarters Miramar, Florida
As of December 31, Fleet operated 173 aircraft
2021
Airbus Fleet Type Airbus A319 (A320ceo. A320neo. A321)
For the year 2021, revenue was $3.23 trillion
According to Refinitiv Market Cap $2.85 Billon
Data
Routes in 360 Markets served by 85 Airports
As of December 31st, employees 9,823 were still active
2021
JetBlue Airways Corp
JetBlue Airways was founded in August 1998 and operates primarily routes throughout the United States.
New York Headquarters, Long Island City
As of December 31, Fleet operated 282 aircraft
2021
Airbus A220, Airbus A320 and Airbus A320 fleet type
A321, Airbus A321neo (and Embraer)
E190
Year ended 2021: Revenues $6.04 Billion
According to Refinitiv, Market Cap of $3.82 Billion
Data
Routes to more than 100 locations across the country
United States of America, Caribbean and
Latin America and New York
London
Average Employees were employed at 15,452
Crew members are full-time or part-time at 4,014 and 3,014 respectively
For the year that ended December 31, 2018, members
2021
Frontier Group Holdings:
Frontier Airlines is the name of Frontier Group. It was founded by Bill Franke, an ultra-low cost airline pioneer. This carrier operates Airbus aircraft in the United States, as well some other international destinations.
Headquarters Denver, Colorado
As of December 31, Fleet operated 110 aircraft
2021
Fleet type Airbus single-aisle aircraft;
A320ceos, A320neos , A321ceos
Year ended 2021: Revenues of $2.06 Billion
Market Cap $2.33 Billon, according to Refinitiv
Data
Routes U.S., Mexico, Puerto Rico, Jamaica,
Guatemala, El Salvador, Dominican
Canada and the Republic
5502 employees total, Dec 31
2021
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