Meghna Maharishi

Airlines

Spirit Airlines Furloughs 186 Pilots as Many Take Voluntary Leave

The furloughs were part of an attempt to cut costs as Spirit’s revenues have sharply declined over the past few years. However, the carrier still has more hurdles to overcome — including a staggering $1.1 billion in debt that’s set to mature in a year.
Airlines

Skift Power Rankings: Scott Kirby

From his blunt takes on ultra-low-cost carriers to Boeing, Kirby has become one of the most influential — and candid — voices in the airline industry. And under his watch, United has managed to become one of the most profitable U.S. airlines.
Airlines

Elliott Owns Enough Southwest Shares to Call for a Special Meeting

Elliott is amping up the pressure on Southwest. Now that it's crossed the threshold in owning 10% of the carrier's common stock shares, the hedge fund could call a special meeting to force a vote on whether to oust Southwest CEO Bob Jordan and chairman Gary Kelly.