Spirit Airlines will receive a $150 million liquidity infusion from its largest lessor, AerCap, bankruptcy court documents revealed today (September 30).As previously reported, the two parties had sig...
Amid its Chapter 11 restructuring, US low-cost carrier Spirit Airlines has reached a tentative agreement with AerCap to reduce the number of its leased aircraft with the lessor, according to bankruptc...
Fitch Ratings has downgraded Spirit Airlines’ credit rating to CCC- from CCC+, citing mounting operational losses, deteriorating liquidity, and heightened risk of default.Fitch also downgraded debt ti...
United Airlines and JetBlue have defended their proposed 'Blue Sky' alliance in a filing with the US Department of Transportation (DOT), reputing claims made by Spirit Airlines that this new venture w...
Spirit Airlines has appointed Dave Davis as the airline’s new president and chief executive officer, effective April 21, 2025.Davis joins Spirit from Sun Country Airlines, where he served the airline'...
Ted Christie, president and CEO of Spirit Airlines, has stepped down from the company and its board of directors, effective April 7, 2025.“On behalf of the board and the Spirit team, I thank Ted for h...
Spirit Airlines has secured up to $300 million worth of financing in the form of a senior secured revolving credit facility.Detailed within a securities filing with the US Securities and Exchange Comm...
Spirit Airlines is set to launch flights from Birmingham Shuttlesworth international airport this October, this will be the first time the low-cost carrier will serve the state of Alabama. ""Our ne...
JetBlue has recorded a $716 million net loss in its first quarter 2024 results, down further from its first quarter 2023 net loss of $192 million. Its first quarter operating revenues were down 5.1...
JetBlue pilots, represented by the Air Line Pilots Association union (ALPA), will renew their focus on negotiating a standalone contract with the airline following the uncertainty surrounding the comp...
Spirit Airlines’ third quarter 2023 financial results show the impact on softer demand with a net loss of $157.6 million, or a net loss of $1.44 per diluted share, on total operating revenues of $1.3b...
The United States' Federal Aviation Administration (FAA) has issued an emergency airworthiness directive that is interim and requires that engine operators of Pratt & Whitney PW1100G-JM and PW1400G-JM...
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