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Airlines
Just months ago, Spirit CEO Ted Christie said the budget carrier was not considering a chapter 11 bankruptcy.
Meghna Maharishi | 6 hours ago
JetBlue CEO Joanna Geraghty said at the Skift Global Forum that JetBlue is focused on its “core strategy” as it seeks to become consistently profitable.
Meghna Maharishi | 2 weeks ago
It looks like JetBlue’s new strategy that emphasizes cutting unprofitable routes and bolstering leisure capacity in the East Coast is continuing to pay off.
Meghna Maharishi | 4 weeks ago
JetBlue’s strategy of cutting unprofitable routes and focusing on its core markets is starting to see returns — the carrier unexpectedly reported a profit in the second quarter.
Meghna Maharishi | 2 months ago
The ultra-low-cost carrier lowered its revenue outlook for the second quarter, blaming softer ancillary sales.
Meghna Maharishi | 3 months ago
Spirit’s CEOs comments come as S&P downgraded the carrier’s credit rating earlier this week, potentially hurting its ability to refinance its debt. The carrier has $1.1 billion in debt set to mature in September 2025.
Meghna Maharishi | 4 months ago
Almost a third of the airline's long-haul European capacity is being cut as it redeploys aircraft and resources to routes in the Americas.
Gordon Smith | 5 months ago
Spirit CEO Ted Christie had some choice words for the current state of the airline industry as the ultra-low-cost carrier reported a greater first-quarter loss.
Meghna Maharishi | 5 months ago
JetBlue reported a $716 million loss on Tuesday as it recalibrates its strategy as a standalone carrier following the termination of its merger with Spirit Airlines.
The compensation could give the struggling Spirit a significant boost to its liquidity.
Meghna Maharishi | 6 months ago
