Spirit Airlines plans to raise $600 million backed by two upstart loyalty programs, part of an effort to boost cash reserves while daily losses continue to mount.
Spirit Airlines and its Air Line Pilots Association (ALPA)-represented pilots have agreed to provisions that will prevent furloughs, the pilots said Aug. 25.
Spirit Airlines reached an agreement with Airbus to defer delivery of a host of A320neos, in a bid to preserve cash amid the industry downturn caused by the COVID-19 pandemic.
JetBlue Airways and Spirit Airlines received a greenlight from the U.S Transportation Department (DOT) to temporarily cut service to 16 large hubs across the country.
After being denied a request to suspend service to dozens of cities across the US, Spirit Airlines has asked again for certain destinations to be removed from its CARES Act obligations.
A group of U.S. Senate Democrats called on airlines to release an estimated $10 billion in full cash refunds for flights canceled by passengers owing to the COVID-19 pandemic.