A Bankruptcy Court has approved Spirit Airlines restructuring plan which will see the company exit bankruptcy as a private company. The Bankruptcy Court for the Southern District of New York green lighted a $795 million funded debt to equity deal.
Federal judges blocked JetBlue’s partnership with American Airlines and later a planned purchase of Spirit Airlines.
The blogosphere is awash with rumors and speculation about what Southwest Airlines is up to and which airline it will acquire or merge with. However, back in the real world, the people who might know if any of that is happening are not saying anything,
Spirit had a wild ride over the past five years. Pandemic-era disruptions gave way to high inflation, competition from much bigger and meaner airlines, a jet engine supply snafu, an abortive merger with JetBlue and, finally, a debt crunch.
Spirit Airlines is backpedaling on its "fee-free" promise, Aviation A to Z reports. The Miramar, Florida-based airline has lowkey reinstated change fees for its lowest-tier "Go" fares, effective February 5,
Spirit’s approval comes after the third merger attempt by Denver-based ULCC Frontier Airlines, part of a back-and-forth process between the two budget carriers that dates back to 2022 when Frontier made a run for Spirit but was usurped by JetBlue.
JetBlue Airways Corp., which had two recent tie-ups with other carriers blocked by federal courts, is ready to craft another alliance if the right terms are found, the airline’s president said. “We’re talking to other airlines,
As rumors swirl regarding a JetBlue alliance with Southwest, JetBlue President Marty St. George recalled the carrrer’s onetime partnership with American Airlines.
There's a growing volume of online chatter about the next big airline merger that's likely to be proposed, and much of it involves Southwest Airlines.
Key executives from Frontier Airlines, JetBlue Airways and United Airlines all appeared at a Barclays conference in Miami. Frontier CEO Barry Biffle was outspoken in discussing mergers and acquisitions,
Frontier's latest attempt to buy Spirit underscores the "evaporating" state of the low-cost airline business model.
People pointed out on social media that Spirit hasn’t dealt with recent plane crashes like American and Delta airlines, and that the budget airline uses an all-Airbus fleet after incidents on Boeing-built airplanes.