Spirit Airlines

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

Delta, which has consistently been one of the most profitable U.S. airlines, slightly underperformed in the second quarter, partly due to an oversupply of domestic seats. That could signal trouble for domestic carriers this summer.

As JetBlue makes carry-on bags free for all passengers, is United's isolated market positioning becoming increasingly untenable?

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.

Today's podcast looks at Wyndham's global ambitions, Spirit Air's departing CFO, and Accor's expansion across India.

Spirit’s leadership shakeup comes as the carrier is struggling to make a profit, and some analysts have previously said the ultra-low-cost carrier would need to either find a buyer or potentially file for bankruptcy.

Today's podcast looks at Marriott and Hilton's franchise fee battle, Skift's take on Google's latest AI tools, and Spirit's latest strategy for profitability.

Spirit’s changes come as its biggest competitor, Frontier, also dropped change fees and overhauled its pricing structure.

The changes come as the Department of Transportation released a final rule that will require airlines to disclose all fees associated with add-on perks.

It was once a champion. Now it’s in critical condition. Spirit Airlines is losing dangerous amounts of money, prompting concerns about its future.