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JetBlue again boosts Spirit takeover bid countering Frontier

  Bloomberg JetBlue Airways Corp continued its fight to acquire Spirit Airlines, raising its all-cash bid yet again in response to an increased offer by rival suitor Frontier Group Holdings Inc in the days before a crucial shareholder vote. The new proposal includes an accelerated prepayment of $2.50 a share, structured as a cash dividend to Spirit shareholders after approval ...

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Heathrow hits out at CAA for reduced airport charge plan

  Bloomberg The UK Civil Aviation Authority (CAA) reduced the charges London Heathrow airport will be able to levy from airlines over the next five years. The hub said the fees don’t cover required investments and that the passenger experience is set to suffer. UK airports have already been struggling with resurgent traffic as pandemic restrictions ease, with flight and ...

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Weilong revives $500m Hong Kong IPO

  Bloomberg Weilong Delicious Global Holdings Ltd has revived its Hong Kong initial public offering, paving the way for one of the city’s biggest listings this year. The Chinese snack maker refiled a preliminary prospectus, confirming an earlier Bloomberg News report. The filing doesn’t contain any offering details. The company could raise about $500 million in a share sale, which ...

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