Even in its reduced state, the company played an important role in forcing other airlines to keep fares low, some experts said.
Category: Airlines and Airplanes
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Spirit Airlines’ Demise Could Help Other Airlines
The New York Times – Business: -
Spirit Airlines Cancels All Flights, Stranding Passengers
The New York Times – Business:The budget carrier abruptly canceled flights early on Saturday, leaving passengers to rush to make other plans. “Even if they go back into business, never again,” one traveler said.
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Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down
The New York Times – Business:Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.
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Spirit Airlines Prepares to Shut Down
The New York Times – Business:The low-fare airline, which has struggled for years, had been trying to secure a $500 million lifeline from the Trump administration.
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United Airlines CEO, Rebuffed by American, Says He’s Skeptical of Other Deals
The New York Times – Business:The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.
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Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
The New York Times – Business:A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.
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United Airlines Says It Pitched American on Merger but Was Rebuffed
The New York Times – Business:United’s chief acknowledged for the first time that he had broached the idea of a merger with American, which was unwilling to consider it.
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The U.S. Started the War. The Rest of the World Is Feeling the Effects.
The New York Times – Business:In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.
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How Jet Fuel Shortages Could Affect Summer Travel to Europe and Beyond
The New York Times – Business:Facing sky-high fuel costs linked to the war in Iran, airlines are cutting routes and raising prices. European vacations are looking a lot less affordable.
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Why Everyone, Including Trump, Is Talking About Airline Mergers
The New York Times – Business:A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.
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Where to Enjoy an Airport Shower After a Long Flight
The New York Times – Business:Affordable arrivals lounges offer amenities like nap pods and showers where weary passengers can freshen up. You may never start a vacation the same way again.
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U.S. Nears Loan to Rescue Spirit Airlines
The New York Times – Business:The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
