A U.S. bankruptcy judge approved Spirit’s restructuring plan to emerge from bankruptcy as a private company, just a week after the ultra-low-cost carrier rejected Frontier’s proposal for a merger.
On today’s episode we look at the American Eagle crash in Washington, D.C., innovations and shifts in hospitality, and Frontier’s bid for rival Spirit Air.
Frontier is making an offer to combine operations with the beleaguered Spirit Airlines, which filed for bankruptcy in November. Spirit says it is still carrying on with its plans to be a standalone carrier.
As millions are set to travel for Thanksgiving this week, the senate subcommittee on investigations released a report that outlined how much revenue airlines have collected from seating and baggage fees.
As expected, Spirit Airlines—America’s seventh largest airline by revenues—filed for Chapter 11 bankruptcy last week. The move follows four-plus years of heavy losses, leading to unsustainably large debt obligations.