In travel news for July 13, 2022 we talk about Jamaica, Abercrombie & Kent, and we have yet another update on the Spirit - Frontier - JetBlue merger.
Spirit - Frontier - JetBlue Airline Merger
Spirit Airlines has yet again postponed the shareholder vote on a merger with Frontier Airlines until July 27, this is the fourth time in five weeks the company has rescheduled the vote. Spirit has said that this delay was in response to a letter sent by the CEO of Frontier Airlines. Within the letter the CEO said that Frontier is done bidding against JetBlue, he also shared that according to their calculations Spirit doesn’t have the votes to continue with the merger agreement. Frontier’s current offer is a mix of stock and cash and is about $1 billion dollars less then JetBlues all cash offer. Even though JetBlues offer is financially superior Spirit choose to reject it over regulatory concerns pertaining to a Department of Justice investigation into the JetBlue and American Airlines ‘Northeast Alliance’.
Abercrombie & Kent: New Tours Announced
Abercrombie & Kent has announced 15 new 2023 small group itineraries, this is in response to very strong demand for small Group Travel. These itineraries will be limited to 14. Travelers, who will be lead by one of the companies resident tour directors, and will be “packed with the kind of authentic insider-access experience that make a destination come alive”. Some of the itineraries announced include a 10 day “South Africa: Safari in Style”, an 11 day Peru featuring Machu Picchu and the Amazon, a 10 day “Germany: Berlin to Bavaria”, an 11 day “Splendors of Chile, Argentina, and Brazil”, and many more. For more information about Abercrombie & Kent Tours give us, or your Travel Advisor a call.
Jamaica Invests in High-End Travel
The Government of Jamaica has announced a new zone for high-end tourism. The zone will be on the north side of the island and fall between Ocho Rios and Port Antonio. The “Revere Zone” as it’s being called will include the coastal towns of Runaway Bay, Discovery Bay, Port Maria, St. Ann’s Bay, and Oracabessa and will feature low-density tourist developments. The area will be supported by new non-stop routes coming in to Ocho Rios' Ian Fleming International al Airport, along with an expansion of local infrastructure to make the area more accessible to travelers.