All Spirit Airlines articles – Page 2
-
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”.
-
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”.
-
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.
-
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.
-
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.
-
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.
-
Airline BusinessSpirit Airlines on track for greater Q1 loss than expected
US discounter Spirit Airlines is bracing for a greater first-quarter loss than previously anticipated due to how it is accounting for $150-$200 million in compensation from Pratt & Whitney (P&W) for its grounded Airbus A320neo-family aircraft.
-
NewsSpirit defers acquisition of new Airbus jets and plans pilot furloughs
Financially troubled US discounter Spirit Airlines has hauled back its fleet-expansion plans by deferring delivery of new Airbus A320neo-family jets previously scheduled for delivery between the second quarter of 2025 and end-2026.
-
NewsSpirit Airlines to receive $150-200m from P&W for geared turbofan troubles
Spirit Airlines has secured a compensation package from Pratt & Whitney (P&W) valued between $150 million and $200 million for the grounding of “nearly all” the PW1100G-powered Airbus A320neos in its fleet.
-
NewsFAA set to fine Spirit Airlines over hazardous materials mishandling
The US Federal Aviation Administration has proposed fining Spirit Airlines $146,500 after employees allegedly mishandled hazardous materials, thus violating US Department of Transportation (DOT) regulations.
-
NewsJetBlue trims ‘unprofitable’ routes from network in bid for stability
JetBlue Airways is cutting “unprofitable” routes across its network in an attempt to boost its financial performance in the absence of the carrier’s recently deceased deal to acquire Spirit Airlines.
-
NewsSpirit pushes back on ‘misguided narrative’ about stability without JetBlue
Spirit Airlines executives maintain that the company has the financial resources necessary to succeed in the absence of a tie-up with JetBlue Airways.
-
Airline BusinessJetBlue slows aircraft delivery schedule as it expects no growth in 2024
Growth will be constrained for US carrier JetBlue Airways throughout 2024 as it expects double-digit numbers of Airbus A320s to be grounded for geared turbofan (GTF) engine inspections.
-
NewsJetBlue appoints Warren Christie as new chief operating officer
US carrier JetBlue Airways plans to replace chief operating officer Joanna Geraghty with long-time executive Warren Christie when Geraghty assumes leadership of the company on 12 February.
-
NewsJetBlue's deal to acquire Spirit set expire in two days
JetBlue Airways’ agreement to acquire Spirit Airlines is set to expire on 28 January, creating further uncertainty about a proposed combination that has already been shot down by a US judge.
-
NewsSpirit and JetBlue appeal court ruling blocking acquisition
JetBlue and Spirit Airlines are appealing the court ruling earlier this week that denied the airlines’ $3.8 billion tie-up.
-
NewsSpirit working to steady itself after JetBlue deal is blocked
Following a US judge’s decision to block JetBlue Airways’ acquisition of rival low-cost carrier Spirit Airlines, Spirit has told investors that it is moving to shore up its financial position.
-
Airline BusinessWhat next for JetBlue and Spirit after collapse of deal?
Whatever comes next, the court’s assertion that the ruling represents a “victory for consumers” will be tested
-
Airline BusinessSpirit at risk of bankruptcy and liquidation as JetBlue deal falls through: TD Cowen
In the wake of a US judge’s decision to block JetBlue Airways’ attempted acquisition of Spirit Airlines, it is unclear how the respective low-cost carriers will chart paths forward.
-
NewsUS court blocks JetBlue’s acquisition of Spirit
A US district court ruled on 16 January that JetBlue Airways’ proposed $3.8 billion acquisition of rival low-cost carrier Spirit Airlines cannot proceed, blocking the deal on anti-competitive grounds.
