Spirit Airlines crumbles under failed mergers—what’s next for the ultra-low-cost carrier?

Pallavi Madhiraju- November 18, 2024 0

Spirit Airlines, a leader in the ultra-low-cost air travel sector, has filed for Chapter 11 bankruptcy protection, marking a significant turning point for the airline. ... Read More

JetBlue stock skyrockets! Is Spirit Airlines’ bankruptcy the best thing to happen for budget flights?

Pallavi Madhiraju- November 13, 2024 0

JetBlue Airways has seen an impressive 16% surge in its share price amid news that Spirit Airlines is on the brink of bankruptcy. Spirit’s looming ... Read More

GA Telesis makes landmark Airbus acquisition – Adds 23 aircraft from Spirit Airlines to fleet

Pallavi Madhiraju- October 27, 2024 0

GA Telesis, LLC, a global aviation leader, announced it has signed a definitive agreement to acquire 23 Airbus A320ceo and A321ceo aircraft from Spirit Airlines, ... Read More

Spirit Airlines in crisis: Layoffs and jet sales reveal shocking financial struggles

Pallavi Madhiraju- October 25, 2024 0

In a dramatic response to its ongoing financial turmoil, Spirit Airlines has announced significant layoffs and plans to sell off a substantial portion of its ... Read More