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Stock impact report

JetBlue is 'undervalued': CEO explains why [Yahoo! Finance Canada]

Spirit Airlines, Inc. (SAVE) 
Last spirit airlines, inc. earnings: 2/5 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.spirit.com
of activist investors in the company and the termination of its merger agreement with Spirit Airlines ( SAVE Activist investor Carl Icahn's Icahn Enterprises ( IEP ) has acquired two board seats at JetBlue, putting pressure on the company as it seeks to return to profitability. "I think it's great when you're aligned with your activist shareholder and board members," Geraghty explains. She continues, "JetBlue is undervalued and we strongly believe that. We've got a number of really important strengths — whether it's the slots, the gates, our network, our people, our product offering — and we want to make sure that we're getting more value out of that." She notes that JetBlue's Jet Forward program, the company's strategy to return to profitability, had full support from the board — including the two seats held by Icahn Enterprises. She adds, "We're focused on transparency and making sure that everybody is on the same page. It's a great company, a great brand, great people, and we n Show less Read more
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