INSIDER
Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
Read full article: Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loomSpirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue.
Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up
Read full article: Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat upSpirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with bond holders to restructure its debt.
Spirit Airlines adding nonstop flights from San Antonio to Atlanta, special Mardi Gras flights to New Orleans
Read full article: Spirit Airlines adding nonstop flights from San Antonio to Atlanta, special Mardi Gras flights to New OrleansSpirit Airlines is adding two new nonstop flights from the San Antonio International Airport.
Spirit Airlines plans to cut jobs and sell some planes amid looming financial struggles
Read full article: Spirit Airlines plans to cut jobs and sell some planes amid looming financial strugglesSpirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future.
Frontier Airlines pilot arrested at Houston airport, forcing flight’s cancellation
Read full article: Frontier Airlines pilot arrested at Houston airport, forcing flight’s cancellationA Frontier Airlines flight that had been set to go from Houston to the Dallas area last week got canceled not because of weather, but because one of its pilots got arrested.
Spirit Airlines is going upscale. In a break from its history, it will offer fares with extra perks
Read full article: Spirit Airlines is going upscale. In a break from its history, it will offer fares with extra perksSpirit Airlines is about to roll out tickets that include perks like free snacks and no fee for checking a bag.
CrowdStrike blames bug for letting bad data slip through, leading to global tech outage
Read full article: CrowdStrike blames bug for letting bad data slip through, leading to global tech outageCrowdStrike has blamed a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers.
CrowdStrike CEO called to testify to Congress over cybersecurity's firm role in global tech outage
Read full article: CrowdStrike CEO called to testify to Congress over cybersecurity's firm role in global tech outageU.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify to Congress about the cybersecurity company’s role in sparking the widespread tech outage that grounded flights, knocked banks and hospital systems offline and affected services around the world.
Court sets June hearing for JetBlue and Spirit appeal of a ruling blocking their $3.8 billion merger
Read full article: Court sets June hearing for JetBlue and Spirit appeal of a ruling blocking their $3.8 billion mergerJetBlue and Spirit Airlines have to wait until June for a chance to save their $3.8 billion merger.
Stock market today: Asian shares trade mixed after Wall Street dips amid dimming rate cut hopes
Read full article: Stock market today: Asian shares trade mixed after Wall Street dips amid dimming rate cut hopesAsian shares are trading mixed as pessimism spreads among investors about any imminent interest rate cut in the U.S. Japan’s benchmark Nikkei finished little changed Thursday, inching down less than 0.1%.
Spirit Airlines apologizes after putting unaccompanied 6-year-old child on wrong flight, reports say
Read full article: Spirit Airlines apologizes after putting unaccompanied 6-year-old child on wrong flight, reports saySpirit Airlines is apologizing after putting an unaccompanied 6-year-old child on the wrong flight.
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
Read full article: A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its endJetBlue says it needs to buy Spirit Airlines to compete with bigger airlines in a post-Covid travel world.
Spirit Airlines adds nonstop service between San Antonio and Tampa
Read full article: Spirit Airlines adds nonstop service between San Antonio and TampaBeginning Jan. 11, the low-cost carrier will fly nonstop from the San Antonio International Airport to the Tampa International Airport four times a week.
Biden administration takes on JetBlue as its fight against industry consolidation goes to court
Read full article: Biden administration takes on JetBlue as its fight against industry consolidation goes to courtThe Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines.
Spirit Airlines cancels dozens of flights to inspect some of its planes. Disruptions will last days
Read full article: Spirit Airlines cancels dozens of flights to inspect some of its planes. Disruptions will last daysSpirit Airlines is canceling about 100 flights because it's pulling some planes out of service for inspections.
Lawyers suing JetBlue say the airline could raise fares on some routes after buying Spirit Airlines
Read full article: Lawyers suing JetBlue say the airline could raise fares on some routes after buying Spirit AirlinesLawyers suing JetBlue say in court filings that the airline could raise fares on some routes by up to 40% if it succeeds in buying Spirit Airlines.
U.S. consumer confidence jumps to a two-year high as inflation eases
Read full article: U.S. consumer confidence jumps to a two-year high as inflation easesU.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased and the American economy continued to show resilience in the face of dramatically higher interest rates.
JetBlue is buying Spirit for $3.8 billion after bidding war
Read full article: JetBlue is buying Spirit for $3.8 billion after bidding warJetBlue Airways is buying Spirit Airlines for $3.8 billion in a deal that could increase competition at the top end of the U.S. airline industry while eliminating the largest discount airline for travelers on a tight budget.
Spirit Airlines to launch daily, nonstop routes between San Antonio and Las Vegas, Orlando
Read full article: Spirit Airlines to launch daily, nonstop routes between San Antonio and Las Vegas, OrlandoStarting Nov. 17, the airline will offer daily, nonstop routes from San Antonio to Las Vegas and Nevada.
Spirit plane towed after brakes overheat, ignite
Read full article: Spirit plane towed after brakes overheat, igniteATLANTA (AP) — Passengers aboard a Spirit Airlines flight from Tampa are safe after one of the plane’s brakes overheated and briefly caught fire upon landing in Atlanta on Sunday, airport officials said.
Spirit Airlines, a bidding war target, postpones buyout vote
Read full article: Spirit Airlines, a bidding war target, postpones buyout voteSpirit Airlines, the target of a budget airline bidding war, is postponing a Friday vote on whether to accept one of those buyout offers after a flurry of counter proposals from JetBlue and Frontier Airlines.
Bidding war for Spirit Airlines heats up ahead of vote
Read full article: Bidding war for Spirit Airlines heats up ahead of voteThe bidding war over Spirit Airlines is ramping up again with JetBlue boosting its offer for the discount carrier just days after rival Frontier upped its own bid for Spirit.
Spirit still prefers bid from Frontier Airlines over JetBlue
Read full article: Spirit still prefers bid from Frontier Airlines over JetBlueSpirit Airlines’ board still supports Frontier Airlines’ $2.9 billion takeover bid for the airline, saying it determined JetBlue’s competing $3.6 billion offer isn’t a superior proposal.
Hundreds of unexplained cancelled American Airlines and Spirit flights leave passengers irate nationwide
Read full article: Hundreds of unexplained cancelled American Airlines and Spirit flights leave passengers irate nationwideSpirit Airlines and American Airlines are now in day three of nationwide flight cancellations, which started Monday.
Spirit warns of layoffs; aid for contractors being examined
Read full article: Spirit warns of layoffs; aid for contractors being examinedSeparately, key members of Congress said they are investigating aviation contractors that took federal payroll aid and then laid off thousands of workers. Airlines and airline contractors who received cash from a $32 billion pool of federal payroll aid agreed not to lay off workers until Oct. 1. Airline labor unions are lobbying Congress for six more months of federal aid. Some contractors who received money laid off workers anyway, according to three Democrats in the U.S. House of Representatives. At Spirit, the pilots union said it was notified Wednesday that 806 pilots could be furloughed, or terminated with rehiring rights.