Spirit Airlines News

Aviation Source • Len Varley

Spirit Airlines' Sale of 23 Airbus Aircraft Approved Amid Bankruptcy

The U.S. Bankruptcy Court has approved Spirit Airlines' sale of 23 Airbus A320 and A321 aircraft to GA Telesis for $519 million. This move is aimed at accelerating restructuring efforts and managing debt as the airline navigates bankruptcy proceedings.

2024-12-18T18:01:38.668985-08:00

Airline Geeks

Spirit Airlines Restructuring Threatens Shareholder Investments

2024-12-18T10:39:57.757171-08:00

Aviation Week

Haiti’s Airport Reopens Amid Extended U.S. Flight Ban

2024-12-11T10:58:35.460070-08:00

Associated Press

Senate Criticizes Major Airlines Over Rising Ancillary Fees

2024-12-04T07:49:56.078493-08:00

Spirit Airlines News Timeline

Aviation Source

Spirit Airlines' Sale of 23 Airbus Aircraft Approved Amid Bankruptcy The U.S. Bankruptcy Court has approved Spirit Airlines' sale of 23 Airbus A320 and A321 aircraft to GA Telesis for $519 million. This move is aimed at accelerating restructuring efforts and managing debt as the airline navigates bankruptcy proceedings.

2024-12-18T18:01:38.668985-08:00

Spirit Airlines' Sale of 23 Airbus Aircraft Approved Amid Bankruptcy

Airline Geeks

Spirit Airlines Restructuring Threatens Shareholder Investments During its Chapter 11 bankruptcy proceedings, Spirit Airlines anticipates that shareholders will lose their investments as part of a deal with bondholders. This restructuring reflects challenges in financial management and strategic planning amid growing market pressures.

2024-12-18T10:39:57.757171-08:00

Spirit Airlines Restructuring Threatens Shareholder Investments

Bloomberg Law

Spirit Airlines Restructuring Leads to Shareholder Wipeout Spirit Airlines Inc. has confirmed that its shareholders will be wiped out under a proposed bankruptcy restructuring plan. The plan aims to transfer control of the airline to its bondholders as it navigates financial difficulties.

2024-12-17T11:47:44.871439-08:00

Spirit Airlines Restructuring Leads to Shareholder Wipeout

Aviation Week

Haiti’s Airport Reopens Amid Extended U.S. Flight Ban Toussaint Louverture International Airport in Port-au-Prince has resumed operations after a month-long closure due to gang violence. However, the FAA has extended the restriction on U.S. airlines flying to Haiti until March 12, impacting American carriers' operations.

2024-12-11T10:58:35.460070-08:00

Haiti’s Airport Reopens Amid Extended U.S. Flight Ban

Business Insider

Spirit Alleges Major Airlines Targeting Its Failure Amid NYSE De-Listing A top Spirit Airlines executive claims that major US carriers are deliberately undermining Spirit, exacerbating a pilot shortage and pushing it towards NYSE de-listing. This situation arises as Spirit struggles with competitive pressures and potentially losing pilots to better-paying rivals.

2024-12-05T17:14:00.993502-08:00

Spirit Alleges Major Airlines Targeting Its Failure Amid NYSE De-Listing

Associated Press

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Senate Criticizes Major Airlines Over Rising Ancillary Fees U.S. Senators accused executives from top airlines, including American, United, and Delta, of exploiting passengers through increased ancillary fees for services like seating and baggage. The Senate hearing sought transparency and questioned the integration of AI in pricing strategies.

2024-12-04T07:49:56.078493-08:00

Senate Criticizes Major Airlines Over Rising Ancillary Fees

jetwhine.com

CEO Strategies at Boeing and Spirit Airlines: A Leadership Contrast Examining the distinct leadership approaches of Boeing and Spirit Airlines, highlighting how each CEO navigates industry challenges and opportunities. The focus includes strategic directions and potential impacts on market position and company performance.

2024-12-02T14:17:39.734172-08:00

CEO Strategies at Boeing and Spirit Airlines: A Leadership Contrast

Wall Street Journal

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Senate Slams Airlines for $12.4B 'Junk' Seat Fees; Executives to Testify A U.S. Senate subcommittee is scrutinizing major airlines for profitably extracting $12.4 billion in seat selection fees from 2018-2023. Executives from American, Delta, United, Spirit, and Frontier are summoned to testify concerning the impact and transparency of these fees on December 4.

2024-11-26T04:23:57.273023-08:00

Senate Slams Airlines for $12.4B 'Junk' Seat Fees; Executives to Testify

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