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CNBC • Leslie Josephs

Spirit reaches restructuring deal with secured creditors, aims to exit Chapter 11 by summer

Spirit Airlines and parent Spirit Aviation Holdings reached an agreement in principle with secured creditors on a restructuring support agreement, positioning the carrier to exit Chapter 11 in late spring or early summer. The deal follows Spirit's second Chapter 11 filing within roughly 15 months.

2026-02-24T08:17:30.946033-08:00

Aviation Week

Avio to build $500M solid rocket motor plant in Hurt, Virginia

2026-02-24T03:26:42.761244-08:00

Aviacionline

ZIPAIR launches nonstop Tokyo–Narita–Orlando charter, first direct Asia–Pacific–Florida passenger link

2026-02-24T10:36:23.214756-08:00

SpaceNews.com

Hegseth criticizes Pentagon bureaucracy at Colorado space stops on 'Arsenal of Freedom' tour

2026-02-24T05:34:14.035396-08:00

News Timeline

FlightGlobal

Top USAF civilian rules out Embraer KC-390 for tanker recapitalisation, backs KC-46 The Air Force's top civilian official said he is not, for now, considering Embraer's KC-390 multi-role tanker in the service's aerial-refuelling recapitalization effort and reiterated support for Boeing's KC-46 as the preferred platform, signalling continuity in US tanker procurement policy.

2026-02-24T12:10:25.673260-08:00

Top USAF civilian rules out Embraer KC-390 for tanker recapitalisation, backs KC-46

Aviacionline

ZIPAIR launches nonstop Tokyo–Narita–Orlando charter, first direct Asia–Pacific–Florida passenger link ZIPAIR’s inaugural nonstop Tokyo–Narita to Orlando passenger charter landed at Orlando International (MCO) on Feb. 23 at 13:35, marking the first-ever direct Asia‑Pacific–Florida passenger link. The Boeing 787 carried about 280 passengers, shortening travel time between Japan and Central Florida and creating a new tourism gateway.

2026-02-24T10:36:23.214756-08:00

ZIPAIR launches nonstop Tokyo–Narita–Orlando charter, first direct Asia–Pacific–Florida passenger link

CNBC

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Spirit reaches restructuring deal with secured creditors, aims to exit Chapter 11 by summer Spirit Airlines and parent Spirit Aviation Holdings reached an agreement in principle with secured creditors on a restructuring support agreement, positioning the carrier to exit Chapter 11 in late spring or early summer. The deal follows Spirit's second Chapter 11 filing within roughly 15 months.

2026-02-24T08:17:30.946033-08:00

Spirit reaches restructuring deal with secured creditors, aims to exit Chapter 11 by summer

SpaceNews.com

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Hegseth criticizes Pentagon bureaucracy at Colorado space stops on 'Arsenal of Freedom' tour Defense Secretary Pete Hegseth used Feb. 23 visits to Sierra Space in Louisville and to Buckley Space Force Base to cast Pentagon procurement and bureaucracy as the industry's primary adversary, pressing for acquisition reform during his nationwide 'Arsenal of Freedom' tour and meeting company staff and new recruits.

2026-02-24T05:34:14.035396-08:00

Hegseth criticizes Pentagon bureaucracy at Colorado space stops on 'Arsenal of Freedom' tour

Aviation Week

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Avio to build $500M solid rocket motor plant in Hurt, Virginia Italian rocket-maker Avio will build a $500 million solid rocket motor manufacturing facility in Hurt, Virginia, creating domestic SRM production capacity and expanding the company's U.S. industrial footprint. The plant signals increased onshore manufacturing for launch and defense propulsion hardware.

2026-02-24T03:26:42.761244-08:00

Avio to build $500M solid rocket motor plant in Hurt, Virginia

Paddle Your Own Kanoo

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Air Canada deploys Boeing 787s to repatriate tourists from Puerto Vallarta amid Jalisco cartel violence Air Canada has deployed Boeing 787 Dreamliners to Puerto Vallarta to repatriate stranded tourists following cartel-related violence in Jalisco. The carrier substituted larger widebody capacity to evacuate passengers and accommodate a sudden, short-term surge in outbound demand from the resort market.

2026-02-23T22:51:34.819912-08:00

Air Canada deploys Boeing 787s to repatriate tourists from Puerto Vallarta amid Jalisco cartel violence

Paddle Your Own Kanoo

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Runway incursion at Phoenix Sky Harbor — man runs onto active runway and approaches American Airlines jet A man breached perimeter security at Phoenix Sky Harbor Monday evening, ran onto an active runway and approached a taxiing American Airlines jet, forcing air traffic control to stop the departure. He was detained and taken to hospital after an apparent breakdown; how he accessed the airfield is under investigation.

2026-02-23T22:01:44.153278-08:00

Runway incursion at Phoenix Sky Harbor — man runs onto active runway and approaches American Airlines jet

FlightGlobal

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USAF injects $4.5B to boost B-21 production by 25%; first Raider due at Ellsworth AFB in 2027 The U.S. Air Force and Northrop Grumman are accelerating B-21 Raider production with a $4.5 billion investment to expand capacity by about 25%, aiming to speed deliveries and place the first operational bomber at Ellsworth Air Force Base in 2027.

2026-02-23T22:00:38.274005-08:00

USAF injects $4.5B to boost B-21 production by 25%; first Raider due at Ellsworth AFB in 2027

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North America News

Spirit reaches restructuring deal with secured creditors, aims to exit Chapter 11 by summer

Avio to build $500M solid rocket motor plant in Hurt, Virginia

ZIPAIR launches nonstop Tokyo–Narita–Orlando charter, first direct Asia–Pacific–Florida passenger link

Hegseth criticizes Pentagon bureaucracy at Colorado space stops on 'Arsenal of Freedom' tour

News Timeline