Bloomberg Spirit Airlines Inc rebuffed a hostile $3.3 billion takeover offer from JetBlue Airways Corp, setting the stage for a potentially contentious vote by shareholders on whether to back the bid or go with a competing proposal from Frontier Group Holdings Inc. Spirit said its board unanimously determined the JetBlue offer is not in the best interests of the ...

  Bloomberg Go First, India’s No. 2 airline, is planning to raise 36 billion rupees ($464 million) through an initial public offering in July as air travel recovers from the pandemic, according to a person familiar with the matter. Go First’s share sale comes as air travel is rebounding in the South Asian nation driven by pent-up demand as people ...

  Bloomberg China Eastern Airlines outlined several actions it needs to undertake before operating Boeing Co’s 737 Max again, including modifications to the aircraft and further pilot training, damping hopes the narrowbody will return to Chinese skies any time soon. Li Yangmin, vice chairman of the Shanghai-based state-owned carrier, indicated to investors at a virtual briefing that the airline is ...