The immediate access to $50 million will allow Spirit to stay afloat in the short-term. The airline's creditors are meeting Wednesday and it is widely expected that they will discuss Spirit’s third round of bankruptcy financing.
David Neeleman launched Breeze with the promise of reinventing travel for underserved cities. Nearly five years on, the U.S. airline still hasn’t cracked annual profitability. With rising costs, powerful rivals, and a growth plan that stretches from Jamaica to California, 2026 will be a pivotal year. In this week’s feature story, we explore the factors that will determine whether Neeleman’s latest venture can finally take off.
For IndiGo, the past week exposed how quickly a large, tightly scheduled network can unravel, and how hard it is to restore confidence once it does. The airline’s brand has long been built on punctuality and predictability. The scale and speed of this disruption challenge both.
Boom Supersonic is now providing turbines to data centers to help fuel the AI boom. The company’s CEO says the move won’t detract from its ambitions of reviving supersonic flight.
The dominant player of the world’s third-largest aviation market was reminded this week that “Hope is not a Strategy” as it witnessed widespread cancellations.