A federal judge on Tuesday blocked JetBlue Airways' planned $3.8 billion acquisition of Spirit Airlines.
Tags: Spirit Airlines
Spirit Airlines Files for Bankruptcy Protection After Failed JetBlue Merger and Rising Costs
Spirit Airlines, after months of financial struggles and a failed merger with JetBlue, files for bankruptcy protection but continues operations, securing $350M in funding.
US Airlines Suspend Haiti Flights After Gunfire Hits Spirit Plane Near Port-au-Prince
The US suspended flights to Haiti after a Spirit Airlines plane was hit by gunfire from gang violence while attempting to land in Port-au-Prince.
Spirit Airlines CEO Denies Bankruptcy Plans Amid Market Struggles
Spirit Airlines CEO reassured that they are not considering Chapter 11 bankruptcy following the collapse of its acquisition by JetBlue Airways.
Spirit Airlines CEO Exposes US Airline Industry as 'Rigged Game' That Favors Major Carriers
Ted Christie pointed out the dominance of profits by a handful of major carriers like American Airlines, Delta Air Lines, United Airlines, and Southwest Airlines, who together hold 78% of US domestic airline seats.
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Spirit Airlines is offering early departure packages to salaried employees. Amid ongoing financial challenges, Spirit Airlines is offering voluntary exit packages to salaried employees to salaried employees, marking the latest cost-cutting strategy by the budget carrier.
Carriers like Southwest Airlines have recently offered one-way fares as low as $29 for off-peak flights, signaling an industry-wide push to entice passengers during traditionally slower travel periods.
William Franke stated that he will be stepping down from his position as chairman of Spirit Airlines as Indigo Partners LLC divest their stake in the company.
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