spirit airlines Archives

Airlines

Are Ultra-Low-Cost Carriers in a ‘Perilous Time’?

The head of an industry trade group sounded the alarm for ultra-low-cost carriers as airlines like Spirit and Frontier face declining profits. However, other carriers in the industry have seen some success despite industry headwinds.

Meghna Maharishi | 1 week ago

Airlines

Spirit Airlines Furloughs 186 Pilots as Many Take Voluntary Leave

The furloughs were part of an attempt to cut costs as Spirit’s revenues have sharply declined over the past few years. However, the carrier still has more hurdles to overcome — including a staggering $1.1 billion in debt that’s set to mature in a year.

Meghna Maharishi | 2 weeks ago

Airlines

Inside One of the Most Profitable U.S. Airlines You Haven’t Heard of

As ultra-low-cost carriers like Spirit and Frontier falter, Sun Country has been able to routinely stand out as one of the most profitable airlines in the U.S.

Meghna Maharishi | 1 month ago

Airlines

From Leaders to Laggards: What Went Wrong With the Ultra Low-Cost Carriers?

High unit costs, reduced operational efficiencies, and increased competition from network carriers have combined to create a significant challenge for ultra low-cost carriers in the U.S.

Ashab Rizvi | 2 months ago

Podcasts

Spirit’s Rough Quarter, New Junk Fees Ban and Saudi’s World Cup Plans

Today's podcast looks at Spirit's promise of change, Biden's new efforts for families booking flights, and Saudi Arabia's hefty World Cup bid.

Rashaad Jorden | 2 months ago

Airlines

Spirit Posts ‘Disappointing’ Revenues as CEO Promises Change

With 'transformational' changes to its business model announced earlier this week, Spirit will be hoping that these numbers are the start of a long-term shift for the troubled airline.

Gordon Smith | 2 months ago