Articles tagged “pratt & whitney”

AirAsia did more for the A220 program in one evening than what the aircraft manufacturer may have managed in years.

The new year is bringing the same old headaches for the airline industry. Reliability and maintenance issues with a widely used engine are forcing carriers to slash schedules for the peak summer season.

IndiGo's strategy shake-up is evident as it moves from low-cost basics to premium offerings, with business class, wide-body aircraft, and now in-flight entertainment.

The ultra-low-cost carrier lowered its revenue outlook for the second quarter, blaming softer ancillary sales.

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.

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.

These two major developments suggest that Spirit Airlines management are taking the carrier's financial situation very seriously.

The compensation could give the struggling Spirit a significant boost to its liquidity.

Spirit CEO Ted Christie described speculation about Spirit’s ability to survive as “a misguided narrative.”

MakeMyTrip's record-breaking quarter is a significant addition to the unfolding narrative of India's travel landscape.