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Spirit Airlines cuts flights in 12 cities as United, rivals circle
  • Business

Spirit Airlines cuts flights in 12 cities as United, rivals circle

graissmohamed09/04/202507 mins

A Spirit Airlines jet takes off above two United Airlines airplanes at Newark Liberty Airport on March 23, 2018 in Newark, New Jersey. Gary Hershorn | Getty Images Spirit Airlines is ending service in a host of U.S. cities this fall as it fights for survival. Its rivals, meanwhile, are circling its customers, and one…

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  • Business

Airplane leasing world shrinks with $7.4 billion takeover of Air Lease

graissmohamed09/02/202506 mins

An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Aircraft leasing firm Air Lease, founded by industry mogul Steven Udvar-Házy, agreed to sell itself in a deal that would take it private to a group of investors for $7.4…

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  • Business

Spirit Airlines files for Chapter 11 bankruptcy again

graissmohamed08/29/202505 mins

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines on Friday filed for bankruptcy protection for the second time in a year, just months after the budget carrier failed return…

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  • Business

Frontier Airlines goes after Spirit Airlines’ routes

graissmohamed08/26/202506 mins

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines is going after customers of Spirit Airlines, whose financial footing has gotten so shaky in recent weeks that it warned earlier this month it might…

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Spirit Airlines fate shaky after avoiding hard decisions in bankruptcy
  • Business

Spirit Airlines fate shaky after avoiding hard decisions in bankruptcy

graissmohamed08/22/2025012 mins

A Spirit Airlines plane takes off from Oakland International Airport on May 06, 2024 in Oakland, California. Brandon Bell | Getty Images In March, Spirit Airlines came out of bankruptcy protection in less than four months and entered a worsening landscape. Consumers were holding off booking flights and U.S. planes were awash in empty seats….

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Alaska Airlines launches 5 card, combines loyalty with Hawaiian
  • Business

Alaska Airlines launches $395 card, combines loyalty with Hawaiian

graissmohamed08/20/202507 mins

An Alaska Airlines Boeing 737 MAX 9 departs Los Angeles International Airport en route to Puerto Vallarta on Sept. 19, 2024. Kevin Carter | Getty Images Alaska Airlines is getting into the industry’s race for high-end credit cards and creating a combined frequent flyer program, called Atmos Rewards, with Hawaiian Airlines, which it acquired last…

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  • Business

Summer travel isn’t as easy as it used to be for airlines

graissmohamed08/15/202509 mins

People move through a crowded JFK International Airport days before the 4th of July holiday on July 02, 2024 in New York City. As the summer travel season takes off, millions of Americans and tourists are experiencing long delays and congestion at airports, train stations and on highways. July is the busiest month of travel…

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  • Business

See inside JFK airport’s new $9.5 billion international terminal

graissmohamed08/02/202508 mins

The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The terminal, which will be…

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  • Business

Spirit Airlines to furlough 270 pilots, downgrade more than 100 others

graissmohamed07/28/202503 mins

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines said Monday that it will furlough 270 pilots this fall as the carrier prepares for a smaller off-season schedule to try…

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Boeing is improving. Can CEO Kelly Ortberg keep it up?
  • Business

Boeing is improving. Can CEO Kelly Ortberg keep it up?

graissmohamed07/27/2025011 mins

FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Field on September 30, 2020 in Seattle, Washington. Mike Siegel | Getty Images After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg‘s leadership. Ortberg, a longtime aerospace executive and an engineer whom the…

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  • Stacey Abrams’ New Georgia Project Shuts Down After 10 Years
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