JetBlue Airways is adding flights at Spirit Airlines’ former home airport as it tries to turn a profit again.
Category: Discount Selling
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For Struggling JetBlue, Spirit’s Demise May Offer an Opportunity
The New York Times – Business: -
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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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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Discount and higher-end retailers have reported stronger sales from consumers who are hunting for the best deals and long-lasting items.
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Shoppers, Drawn by Steep Discounts, Power Through Black Friday
Data on spending this week shows that consumers are shopping big for the holidays despite inflation and economic worries.
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Retail Earnings Show Shoppers’ Resilience, but Some Stores Struggle
Companies said they managed tariff pressures in the latest quarter as consumers focused on discounts and high quality.
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Want to Save Money on Skiing? Here Are 6 Ways to Pay Less
A multimountain pass is great if you use it enough. New programs are aimed at more casual skiers, offering discounts without the high initial price tag.
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The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
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Tesla Profit Falls 37% After It Cut Car Prices
The company sold more cars but made less money on each one because of discounts and low-interest loans.
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Costco to Sell Ozempic and Wegovy, Weight-Loss Wonder Drugs
Costco members will pay $499 a month out of pocket, the same price offered at CVS and Walmart, and on the manufacturer’s direct-to-consumer website.
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Discount Airlines Like Spirit and Frontier Changed Flying. Now They’re in Trouble.
Carriers like Spirit and Frontier have lost customers to bigger competitors and seen their costs balloon. Some are in financial distress.