Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
US carrier Spirit Airlines shuts down, industry's first Iran war casualty
Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan. The collapse of the carrier following a…
Spirit Airlines built a model the industry copied. Then it collapsed.
Spirit Airlines, the scrappy discounter that once rattled the industry with cheeky ads and rock-bottom fares, took its final flight after 34 years of upending the business of flying. Once worth as much as roughly $5.5 billion on the stock market…
Spirit Airlines built a model the industry copied. Then it collapsed
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Spirit Airlines collapses after bailout efforts fail
Spirit Airlines has ceased operations after a failed rescue effort collapsed, ending the airline's 34-year run and leaving thousands of workers and travelers facing immediate disruption at the start of peak summer travel planning. The shutdown of…
Spirit Airlines shuts down leaving travelers stranded
May 2 (UPI) -- Spirit Airlines closed Saturday morning, with no options for those already booked on the airline. 'Unfortunately, despite the company's efforts, the recent material increase in oil prices and other pressures on the business have…
Spirit Airlines shuts down, industry's first Iran war casualty
WASHINGTON, DC, USA – Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, May 2, the industry's first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan. The…
After Spirit Airlines shutdown, how passengers can get home and get refunds
SEATTLE (AP) — The collapse of the U.S.-based Spirit Airlines may mark the end of an era for travelers with a certain financial sensibility. But if you've been snagged in their now-defunct flight schedule, here are some things to know on how…
Airlines scramble to help stranded Spirit passengers and crew after sudden closure
Spirit Airlines has ceased operations, becoming the first major airline casualty directly linked to the ongoing Iran war, leaving thousands of passengers stranded and employees jobless. The airline's overnight demise, following a dramatic doubling…
Liberals Showed Their Spirit When They Killed an Airline
Spirit Airlines has ceased operations. Now you may not care because you didn't fly Spirit, and have heard a lot of bad things about the airline, or more specifically, the behavior of its customers, but you should. Thousands of people are going to…
Spirit Airlines shutdown: JetBlue picks up 11 new Florida routes
JetBlue Airways announced 11 new routes from Fort Lauderdale-Hollywood International Airport in Florida just hours after Spirit Airlines abruptly shut down on Saturday, ending 34 years of operations and leaving roughly 17,000 employees out of work.
JetBlue lawsuit raises airline pricing questions
Booking a flight can feel like a guessing game. You search once, spot a decent price, come back later and suddenly it is higher. Most people shrug and assume demand changed. Now, a new lawsuit against JetBlue is challenging that idea. The proposed…
Is United Airlines Holdings, Inc. (UAL) A Good Stock To Buy Now?
Is UAL a good stock to buy? We came across a bullish thesis on United Airlines Holdings, Inc. on r/ValueInvesting by ObjectiveTreacle4548. In this article, we will summarize the bulls' thesis on UAL. United Airlines Holdings, Inc.'s share was…
Spirit Airlines goes out of business after 34 years, ceases operations immediately
WEST PALM BEACH, Fla. (AP) — Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years. The ultralow cost airline that once…
Godspeed my friend': Inside the final hours at Spirit Airlines
Spirit Airlines shut down at 3 a.m. ET Saturday after talks for a government bailout fell apart. The budget airline known for its bright yellow jets brought discount travel to the masses in the U.S. and large parts of the Caribbean and Latin…
Spirit Airlines CEO and Trump admin at odds over Iran war role in collapse
Transport Secretary Sean Duffy has pushed back on suggestions that Spirit Airlines had to shutdown because of rising fuel costs. Gas and oil prices have risen sharply since the start of the Iran war, with the national average for a gallon of…
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