Spirit Airlines files for bankruptcy as financial losses pile up
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion in 2025 and 2026.
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion in 2025 and 2026.
According to the International Association of Machinists and Aerospace Workers, the 33,000 workers it represents can return to work as soon as Wednesday or as late as Nov. 12.
The Florida-based budget carrier will begin daily service to Hartsfield-Jackson Atlanta International Airport on May 7 and seasonal nonstops to New Orleans for Mardi Gras.
In a Thursday regulatory filing, Spirit said it has identified about $80 million of cost-cutting measures set to begin early next year.
The broad investigation will look into the state of competition in air travel, including the effect of mergers and joint ventures between airlines.
Aer Lingus will begin offering nonstop flights between Indianapolis and Dublin four times a week starting in May, marking the first nonstop transatlantic flights from Indy since 2020.
U.S. flight cancellations were expected to soar past 1,600 on Wednesday, when Milton was forecast to come ashore along Florida’s central Gulf coast. The bulk of those cancellations are in Florida.
Southwest plans to begin assigned seating in the “second half” of next year, the airline said. The shift does away with its trademark open seating, where travelers can pick any seat they want after boarding a flight.
The training center, a 272-room hotel for Republic employees and an 800-space parking garage are part of Republic’s $200 million corporate campus. A 122,000-square-foot headquarters building is under construction and expected to open in January 2026.
Transportation Secretary Pete Buttigieg wrote to the CEOs of American, Delta, Southwest and United on Thursday, asking each for a report on policies, fees and other features of their loyalty program.
Among airlines, Delta was by far the hardest hit hard by the outage, having to cancel thousands of flights, because key systems were crippled by the incident.
The judges found the rule to be too detailed in its restrictions. They granted a request by airlines to temporarily block the rule while a lawsuit filed by the carriers plays out.
Southwest said it discovered that preferences have changed over the years and the vast majority of travelers now want to know where they are sitting before they get to the airport.
Transportation Secretary Pete Buttigieg on Tuesday announced the investigation into Delta’s response to the outage, which he said has affected more than half a million of the airline’s passengers.
The technical issues stem from an update issued for systems that run on Microsoft Windows by the security firm CrowdStrike, whose software is widely used by businesses seeking to defend themselves against hackers.
Total cancellations within, into or out of the U.S. on Sunday clocked in at 1,461, according to the latest data from FlightAware.
Eight of the 10 busiest days in TSA’s history have come this year as the number of travelers surges past pre-pandemic levels.
Eight of the 10 busiest days in the Transportation Security Administration’s history have come this year.
The deal includes just over $487 million in penalties—the statutory maximum—although Boeing would only have to pay half because it is receiving credit for payments it made as part of a previous agreement.
The Justice Department in May said Boeing had violated terms of a 2021 “deferred prosecution agreement” that would have allowed the company to avoid criminal prosecution in exchange for meeting a number of conditions.