Tag Archives: Airlines

Spirit Airlines has warned investors that it may go out of business, just months after exiting bankruptcy. In a quarterly report filed with the Securities and Exchange Commission on Monday, it said there was “substantial doubt” over its “ability to continue as a going concern within 12 months.” The budget airline said it was harder to make money because of …

Topline Spirit Airlines stock plunged after the no-frills budget carrier warned it may not survive beyond a year in its quarterly filing, five months after emerging from bankruptcy and weeks after announcing it would furlough hundreds of pilots. Spirit Airlines, the poster child for no-frills flying, has warned it may not survive another year without more cash. getty Key Facts …

NEW YORK (AP) — Just months after emerging from Chapter 11 bankruptcy, Spirit Airlines is warning about its future ability to stay in business. Spirit Aviation Holdings (FLYY), the budget carrier’s parent company, says it has “substantial doubt” about its ability to continue as a going concern within the next year — which is accounting-speak for having the resources needed …

(Reuters) -Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations. Adverse market conditions such as elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a tough pricing environment for airline, it said in its quarterly report on Monday. …

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 has warned it might not be able to survive as a going concern if it doesn’t raise more cash, five months after the budget-travel icon emerged …

Facebook Tweet Email Link Reuters  —  Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations. Adverse market conditions such as elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a tough pricing environment for airline, it said in …

The US’s Southwest Airlines has publicly apologized after two women who are blind were both left behind by a plane flying to Orlando that the pair evidently should have had the opportunity to be on. Southwest eventually ended up flying the women, Camille Tate and Sherri Brun, on another flight for which they were the only two passengers, with the …

Delays continued Thursday for some United Airlines passengers after a technical glitch the day before caused the airline to ground hundreds of flights across the country. The ground stop has been lifted. But a day afterward, passengers were still feeling the impact. United said a “technology issue” prompted them to request the ground stop and hold departures at about 5:12 …

A United Airlines ground stop has been lifted at multiple airports across the country. The ground stop impacted major hubs like Chicago O’Hare International Airport for hours, causing long waits and extensive delays for passengers arriving and departing.  United said a “technology issue” prompted them to request the ground stop and hold departures at about 5:12 p.m. CT. They released …

Six For ’26: American Airlines announces new international routes for next summer  American Airlines Newsroom American Airlines adds two new European routes from DFW Airport in 2026  Dallas News American adds Budapest, Prague and Buenos Aires flights for summer 2026  CNBC American rolls out 6 new Europe routes for 2026  The Points Guy American Airlines adds 2 new international routes to PHL 2026 schedule  The …