Frontier, Spirit Airlines Announce $2.9 Billion Merger Deal
Frontier Airlines announced it would purchase Spirit Airlines as part of a $2.9 billion deal to create America’s fifth-largest carrier…. Read More »
U.S. Airlines Face Strong Demand but Weak Pricing
Despite record-breaking passenger numbers in the U.S. domestic airline market during the first half of 2024, low fares have pressured… Read More »
Spirit Airlines to Furlough 330 Pilots in January 2025
Spirit Airlines has announced plans to furlough approximately 330 pilots starting January 31, 2025, as part of an effort to… Read More »
Spirit Airlines Stock Surges 16% After Announcing Job Cuts and Aircraft Sales
Spirit Airlines shares rose 16% on Friday, closing at $2.79, after the budget carrier unveiled a plan to reduce costs… Read More »
Airlines Increase Q3 Revenue Forecasts Amid Rising Fares
Airlines are projecting higher unit revenues for the third quarter, signaling a trend of increasing flight costs after a period… Read More »
U.S. Airlines Slow Hiring Amid Industry Challenges
U.S. airlines, having ramped up hiring after the pandemic, are now easing their recruitment efforts due to various operational and… Read More »
JetBlue, Spirit, and Frontier Delay Airbus Deliveries to Cut Costs
Several U.S. low-cost carriers, including JetBlue, Spirit Airlines, and Frontier Airlines, are deferring the delivery of dozens of new Airbus… Read More »
Southwest Airlines Faces Corporate Challenge from Elliott Investment Management
Southwest Airlines is currently bracing for a significant corporate showdown with activist investor Elliott Investment Management. CEO Bob Jordan is… Read More »