Spirit Airlines is expecting to receive anywhere from $150 million to $200 million in compensation for grounding some of its planes due to issues with Pratt & Whitney engines.
Spirit Airlines is expecting to receive anywhere from $150 million to $200 million in compensation for grounding some of its planes due to issues with Pratt & Whitney engines.
Spirit CEO Ted Christie criticized the current state of the airline industry, saying that profits have been “concentrated around two companies,” during a call with analysts on Monday.
Spirit Airlines has announced two major changes to help shore up its balance sheet.
Good morning from Skift. It’s Tuesday, March 5. Here’s what you need to know about the business of travel today.
JetBlue announced Monday it reached an agreement with Spirit Airlines to terminate its merger.
New details about JetBlue and Spirit Airlines continue to emerge as the airlines face off with the Department of Justice in antitrust court.
Spirit AeroSystems on Wednesday unveiled an agreement with Boeing under which the beleaguered supplier will receive immediate funding from the planemaker and revised prices for 737 and 787 production, sending its shares up 22%.
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