Spirit Airlines' sale to JetBlue was blocked on the premise of preserving competition but it should have been obvious that Spirit, in serious financial trouble, was no longer able to compete effectively in the U.S. market.
Spirit says discussions with bondholders to restructure its debt have “advanced materially” and are continuing, amid reports of a pending bankruptcy filing.
Financial results for the 2024 third quarter (Q3) reveal net profits for two U.S. LCCs, losses for another two budget carriers and a struggling Spirit Airlines.
The FAA has prohibited U.S. airlines from flying to Haiti following confirmed incidents of gunfire hitting two Airbus A320 aircraft over Port-au-Prince.
A Spirit Airlines Airbus A320neo was hit by gunfire while attempting to land at Touissant L’Overture Airport (PAP) in Port-au-Prince, Haiti on Nov. 11.
Executives from Mexican ultra-low-cost carrier Volaris delivered a message during a recent earnings discussion: Do not compare us to our U.S. counterparts.
Ben Baldanza, former president and CEO of U.S. ultra-low-cost-carrier Spirit Airlines, died Nov. 5 after a long battle with amyotrophic lateral sclerosis.
Spirit will sell roughly 10% of its fleet and reduce its workforce, as it strives to cut costs and boost liquidity amid reports of bankruptcy discussions.
Representatives from carriers and their most trusted suppliers will have no shortage of topics to discuss during this year’s Air Carriers Purchasing Conference.
Carbon Analysis revisits the U.S. “Second Four,” looking at annual figures for Alaska Airlines, Frontier Airlines, JetBlue Airways and Spirit Airlines.
