Cranky Flier

Spirit Nears Bankruptcy Exit (Again) as Restructuring Reaches Milestone

Spirit Airlines said it has completed another significant milestone in its Chapter 11 restructuring, bringing the ultra‑low‑cost carrier closer to exiting bankruptcy again. The announcement marks tangible progress in a process that will shape the airline’s fleet, creditor recoveries and near‑term operational stability.

2026-02-27T11:13:53.499404-08:00
Air Cargo NewsDamian Brett

European Court of Justice Rejects Airlines' Appeals, Upholds Over €770m Cargo Cartel Fines

By Air Cargo News: The European Court of Justice (ECJ) has rejected appeals by several major airlines against antitrust fines totalling more than €770m. Europe’s top court rejected 12 out 13 appeals related to a price fixing cargo cartel, with only SAS securing a reduction in its fine due to a miscalculation in the fine that was imposed on….

2026-02-27T02:54:18.981820-08:00
ReutersJoanna Plucinska, Raechel Job, Raechel Thankam Job

IAG beats profit estimates as premium demand and lower fuel costs lift results

By Reuters: British Airways owner IAG reported better-than-expected annual profit on Friday, helped by lower fuel costs and demand strength on core transatlantic routes and in premium cabins.

2026-02-27T00:51:25.586887-08:00