All Spirit Airlines articles
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NewsSpirit alleges that rival airlines seek its demise with stock de-listing imminent
A Spirit Airlines executive argues that major US carriers have sought to put the discounter “out of business” as it faces imminent de-listing from the New York Stock Exchange.
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NewsSpirit Airlines warns of ability to remain ‘going concern’ as restructuring continues
Spirit Airlines, which recently entered bankruptcy court protection, has “substantial doubt” about its ability to continue operating during the next year due to steep financial losses amid difficult market conditions.
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NewsSpirit Airlines expects stock to be de-listed from US exchange amid Chapter 11 proceedings
Days after disclosing plans to restructure through Chapter 11 bankruptcy, Spirit Airlines says it expects to be de-listed from the New York Stock Exchange.
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NewsSpirit Airlines eyes Q1 exit after filing for ‘streamlined’ Chapter 11 restructuring
Struggling US budget carrier Spirit Airlines has filed for a pre-arranged Chapter 11 restructuring process, from which it hopes to emerge in the first quarter of next year having already secured investment commitments from existing bondholders.
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NewsPotential restructuring looms as Spirit Airlines misses deadline to file quarterly report
Spirit Airlines has missed its deadline for filing a report on its third-quarter financial results with the US Securities and Exchange Commission (SEC) amid reports that it is considering financial restructuring.
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NewsSpirit Airlines A321 struck by gunfire during attempted landing in Haiti
Haiti has closed its main international airport after a Spirit Airlines Airbus A321 was struck by gunfire while attempting to land in Port-au-Prince.
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NewsFormer Spirit Airlines CEO and ULCC pioneer Ben Baldanza dies at 62
Ben Baldanza, who worked four decades in the US airline industry and helped create the ultra-low-cost model as former chief executive of Spirit Airlines, died on 5 November at age 62 after battling amyotrophic lateral sclerosis (ALS).
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NewsSpirit Airlines to furlough further 330 pilots to match drastic capacity cuts
Spirit Airlines plans to furlough a further 330 pilots early next year as it navigates a period of severe financial turbulence.
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NewsStruggling Spirit Airlines to sell 23 A320-family jets as passenger capacity craters
Spirit Airlines recently entered a binding agreement to sell 23 of its older Airbus A320-family aircraft to GA Telesis for a total purchase price of about $519 million.
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NewsSeveral Florida airports to cease commercial operations ahead of Hurricane Milton
Several major airports in Florida are planning to shut down operations in preparation for Hurricane Milton, which has rapidly intensified into a potentially catastrophic storm as it approaches the state’s Gulf Coast.
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NewsSpirit Airlines’ struggles deepen amid reports of potential bankruptcy
Struggling Spirit Airlines has sharply reduced its October schedule and is cutting routes across its network amid reports that it is exploring a bankruptcy filing.
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NewsJetBlue adds former Frontier chief Sean Menke to board of directors
JetBlue Airways has added airline industry veteran Sean Menke, former chief executive of Frontier Airlines, to its board of directors.
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NewsSpirit Airlines adds Fred Cromer as chief financial officer
US ultra-low-cost carrier Spirit Airlines has named Fred Cromer as its chief financial officer, tasking him with helping the company chart a profitable course forward.
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Airline BusinessSpirit Airlines continues tweaking traditional no-frills model
Ultra-low-cost carrier Spirit Airlines has taken another step away from its traditional no-frills model by upping its maximum weight for checked bags.
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NewsSpirit Airlines names Brian McMenamy as its new financial chief
Spirit Airlines has named Brian J. McMenamy as new chief financial officer after the company’s previous CFO Scott Haralson resigned to pursue another opportunity at ”a larger, publicly traded company outside of the airline industry”.
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NewsPassengers don life vests on Spirit Airlines flight diverted back to Jamaica
Spirit Airlines passengers were told to don life vests and prepare for a potential water landing on a flight that was safely diverted back to its origin in Jamaica due to an unspecified “mechanical issue”.
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Airline BusinessUS discounters Frontier and Spirit planning for futures without fees
Spirit Airlines is the latest US discounter to axe fees formerly levied against passengers for changing or cancelling flights, following the lead of rival ultra-low-cost carrier Frontier Airlines.
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Airline BusinessJetBlue and Spirit network strategies diverge after failed merger
JetBlue has responded to the failure of its proposed acquisition of Spirit Airlines by cutting US flights and beefing up its Caribbean operation, while Spirit has embarked on expansion within the USA.
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Airline BusinessSun Country profitable as other US discounters slog through first quarter
As leading ultra-low-cost carriers in the USA embark on wholesale network changes in response to shifting market dynamics, one smaller airline is sticking to its guns.
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Airline BusinessUS airline industry ‘evermore rigged game’ favouring major carriers: Spirit Airlines CEO
Now at liberty to talk freely about the defunct deal with JetBlue, Spirit Airlines’ chief executive Ted Christie alleges that the US airline system is “rigged” against smaller carriers.