All Spirit Airlines articles – Page 4
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News
JetBlue posts $192m Q1 loss, but ‘very prepared’ for busy summer
JetBlue Airways generated record revenues but still posted a $192 million loss during the first quarter of 2023, compared with a $255 million loss during the same three months last year.
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News
Four new states join US lawsuit against JetBlue-Spirit deal
Four more US states have joined the federal antitrust lawsuit against JetBlue Airways’ proposed acquisition of competitor Spirit Airlines.
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Podcast
Airline Business Podcast: Consolidation challenges, Riyadh Air, C-suite diversity
Graham and Lewis talk through the growing list of consolidation moves within the global industry, discussing why deals take such a long time to get over the line.
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Airline Business
Aerospace supply-chain troubles force US airlines to back off fleet growth
Aircraft delivery delays mean airlines in the USA and elsewhere have been forced to adjust their fleet plans into the medium term, even as demand recovers after the Covid downturn
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News
Court trial set for October in US case against JetBlue-Spirit deal
A US judge set an 16 October trial date for the federal government’s antitrust case against JetBlue Airways’ proposed acquisition of ultra-low-cost carrier Spirit Airlines.
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News
Air Canada pilots’ union to vote on combining with ALPA
The union representing more than 4,500 Air Canada pilots has reached an agreement in principal that would allow a combination with the much larger labour group, Air Line Pilots Association, International (ALPA).
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News
DOT challenge to Spirit acquisition ‘unprecedented’: JetBlue chief executive
JetBlue’s chief executive Robin Hayes called the US Department of Transportation’s decision to get involved in its proposed acquisition of discount carrier Spirit Airlines “unprecedented”.
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Airline Business
Global shortage of aircraft parts and mechanics hampers airline recovery
Supply-chain issues and labour shortages are presenting lesser-known problems for the maintenance, repair and overhaul (MRO) sector that are affecting the ability of airlines to return to pre-pandemic operations.
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News
‘This is not Pepsi buying Coke’: JetBlue chief downplays DOJ lawsuit blocking Spirit deal
The US government’s lawsuit to block JetBlue Airways’ acquisition of competitor Spirit Airlines has prompted a range of strong reactions. But Robin Hayes, chief executive of JetBlue, has downplayed the legal action.
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News
US government sues to block JetBlue’s proposed acquisition of Spirit
The US Department of Justice has sued to block JetBlue Airways’ proposed acquisition of rival discount carrier Spirit Airlines after months of scrutinising a deal that would eliminate a low-cost carrier from the market.
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News
Pilot shortage will erode US discounters’ low-cost edge: United executive
A shortage of pilots will increasingly erode the cost advantages long enjoyed by US discount airlines while improving the competitive position of giants like United Airlines.
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News
JetBlue plans major operational expansion in South Florida
Seeking a stronger foothold in South Florida, JetBlue Airways plans to ramp up to more than 250 daily departures from Fort Lauderdale-Hollywood International airport by 2027, including flights to Europe.
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News
Frontier reports $40m profit in Q4, capitalises on ‘strong leisure market’
Ultra-low-cost carrier Frontier Airlines reports a $40 million profit in the fourth quarter of 2022 as it continues to see strong demand for leisure travel.
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News
Spirit names CFO Scott Haralson as executive vice-president following lacklustre Q4
Shortly after reporting a hefty fourth-quarter loss, Spirit Airlines has moved Scott Haralson into the role of executive vice-president and chief financial officer.
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News
US DOJ decision on proposed JetBlue-Spirit tie-up expected within a month
Spirit Airlines is expecting a decision from the US Department of Justice (DOJ) on its pending acquisition by rival low-cost airline JetBlue Airways within the next 30 days.
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News
Spirit Airlines loses $271m in Q4, searches for ‘sustained profitability’
Spirit Airlines is still searching for “sustained profitability” after losing $271 million during the fourth quarter of 2022, compared with a $87 million loss during the same three months of 2021.
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News
ALPA-represented JetBlue pilots win 21.5% pay raise with new contract
JetBlue Airways’ pilots approved on 30 January a two-year contract extension that includes a 21.5% pay increase over 18 months.
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News
Spirit Airlines selling 29 Airbus A319s amid fleet renewal
Spirit Airlines has entered an agreement to sell 29 Airbus A319s to Gryphon Trading Company for $152 million to $201 million, depending on price adjustments in the deal.
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News
Spirit pilots approve new two-year deal with $463m pay gain
Spirit Airlines pilots voted on 10 January to approve a new two-year union contract that could be renegotiated if the airline’s pending acquisition by rival discount carrier JetBlue Airways collapses.
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News
JetBlue plans new daytime flights from New York to London
JetBlue Airways plans to boost its North Atlantic operations by launching new daytime flights from New York to London – and an alternative to its transatlantic red-eyes.