Talks to bail out Spirit Airlines stall
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United Airlines, drone
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It’s way more than fuel costs that pushed Spirit Airlines to the brink of liquidation and led President Trump to muse about “buying” them. Many low cost airlines are struggling due to a canny and calculated set of strategies from bigger airlines that we can think of as ‘revenge of the legacy carriers.
American Airlines is turning around customer satisfaction scores with targeted investments where the impact is immediate.
Japanese airlines are increasing fuel surcharges on long-haul flights as rising oil prices push travel costs higher for passengers worldwide.
Alaska Airlines commenced flights to Rome, Italy this week, the latest chapter in a global expansion for a once-niche West Coast airline.
Airlines are forecasting big revenue jumps in the second quarter and for revenue to cover fuel costs as the year progresses. Jet fuel prices have doubled in some places since the first U.S.-Israel strikes on Iran two months ago.
American Airlines just made a billion-dollar bet that its airplanes are worth more than its credit rating suggests. The Fort Worth-based carrier launched a $1.14 billion bond offering on April 27, pledging 32 aircraft as collateral in a move that allows the company to borrow on terms far more
Flight attendant leader Sara Nelson says that if President Trump really wants to help Spirit Airlines,, "He should do it now. It would be a done deal."