Spirit, once one of the most profitable airlines, never recovered from the pandemic and the shift to premium travel. Rival low-cost airlines are trying to take advantage — but they have their own problems.
The end of Spirit may not be the end of an era so much as the beginning of a reckoning. When fuel spikes, a botched merger, and a premium-obsessed traveler all show up at the same gate, the ultra-low-cost model doesn't just lose altitude — it stalls.
As Allegiant’s Sun Country acquisition gathers pace, CEO Greg Anderson sees a smaller, more concentrated U.S. airline market by 2030 – and thinks Allegiant is built for it.
Airlines have turned to partnerships in recent years to boost their loyalty programs as they focus more on high-spend travelers. Loyalty programs and high premium demand have fueled much of the industry’s profits since the pandemic.
Minor Hotels is in the final planning phases of a private jet experience under its Anantara luxury brand, with a launch targeted for 2027, Ian Di Tullio, the company's chief…