Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs

Spirit Airlines shares rose after the struggling carrier said it will cut jobs and sell planes.

Business - CNBC - October 25

Budget Carrier Spirit Airlines Files for Bankruptcy

The country’s largest budget carrier will cut its year-end schedule by 20 percent as it struggles to return to profitability.

Business - Inc. - 5 days ago

Spirit Airlines flight attendant injured after plane to Haiti struck by gunfire

A Spirit Airlines flight to Haiti was hit by gunfire on Monday, injuring a flight attendant, as the State Department warned of "gang-led efforts" to stop travel to the country.

Flights to Haiti Canceled After Spirit Airlines, JetBlue Planes Hit by Suspected Gunfire

The main airport in Port-au-Prince is temporarily closed to air traffic. The country is embroiled in political unrest.

World - The Wall Street Journal - November 11

Spirit Airlines flight attendant hurt after plane struck by gunfire

A Spirit Airlines flight from Ft. Lauderdale, Florida, was hit by gunfire as it was landing in Port-au-Prince, Haiti. One flight attendant was hurt and the flight diverted to the Dominican Republic.

UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’

Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.

Spirit Airlines Plane Shot at in Haiti and Forced to Divert

A day after the prime minister of Haiti was fired, the airport in Port-au-Prince was closed because of the attack on the aircraft. A JetBlue plane was also struck.

World - The New York Times - November 12

Spirit Airlines and JetBlue planes struck by gunfire in Haiti

Flights into and out of Port-au-Prince, Haiti, were suspended after a Spirit Airlines plane was struck by gunfire while attempting to land there.

Several airlines suspend flights to Haiti after JetBlue and Spirit planes hit by gunfire

A number of airlines have suspended flights to Haiti after a Spirit Airlines plane and a JetBlue plane were hit by gunfire amid escalating gang violence in the Caribbean nation. CBS News senior ...

Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses

The airline hasn't posted an annual profit since 2019 and lost more than $335 million in the first half of the year.

Business - CNBC - 5 days ago

Flights not impacted after Spirit Airlines files for bankruptcy

Failed sales and mergers and an engine recall that forced dozens of jets to be grounded have pushed Spirit Airlines to file for bankruptcy. CBS News senior transportation correspondent Kris Van ...

Spirit Airlines furloughs more pilots as part of efforts to cut costs

Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...

Business - MarketWatch - October 31

Spirit Airlines mulls bankruptcy, sending its stock price into nosedive

Spirit Airlines, weighed down by mounting debt, is considering filing for bankruptcy protection.

Why Struggling Budget Airlines May Court Premium Passengers to Survive

As legacy carriers like United and Delta post steady profits, Sprit’s bankruptcy highlights hazards for lower-cost airlines.

Business - Inc. - Yesterday

Alan 'Sky' Magary, an Airline Executive Who Said No to Smoking on Planes, Dies at 82

Ditching cigarettes thrust him into the center of a public-health debate, but it also allowed him to change the narrative around Northwest Airlines.

World - The Wall Street Journal - October 25

Airlines halt flights to Haiti after plane hit by gunfire

Spirit Airlines flight heading from Florida to Port-au-Prince diverted to Dominican Republic after flight attendant was grazed by bullet, amid broader violence in Haiti’s capital. Haiti’s ...

World - The Guardian - November 12

Airlines suspend Haiti flights after plane hit by gunfire

It is the second time in weeks an aircraft has come under fire over Port-au-Prince, as gang violence worsens.

U.S. airlines cancel flights to Haiti after plane is hit by gunfire

U.S. airlines canceled flights into and out of Haiti after a Spirit Airlines flight from Fort Lauderdale was hit by gunfire as it approached the airport in Port-au-Prince. The plane was rerouted to ...

Airlines pausing flights to Haiti after planes hit by gunfire

JetBlue Airways, Spirit Airlines and American Airlines have paused flights to Haiti after two planes were struck by bullets amid escalating gang violence in the country. JetBlue cited the “ongoing ...

Politics - The Hill - November 12

U.S. airlines halt travel to Haiti after shots fired at planes

Major U.S. airlines have canceled trips to Haiti after two planes coming from Fort Lauderdale and New York were shot at. CBS News Miami's Tania Francois reports.

Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years

The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.

Business - The New York Times - 5 days ago

Spirit Airlines files for bankruptcy

Spirit Airlines has filed for bankruptcy protection following its failed merger with JetBlue, an engine recall that forced dozens of its jets to be grounded and weaker than expected sales. Spirit ...

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned

World - ABC News - November 7

Tesla’s Stock Jumps After Trump’s Victory

Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.

Tech - The New York Times - November 8

Restaurant workers' jobs threatened by Budget, bosses warn

Hospitality bosses are calling for changes to what they describe as "unsustainable" tax rises.

United Airlines and Nvidia bookend list of 15 soaring S&P 500 stocks in October

Two airlines and two cruise lines make the list of the month’s best performers in the U.S. benchmark index.

Business - MarketWatch - October 31

Trump Media closes in the red on Election Day, giving up earlier rally

Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.

Business - CNBC - November 5

FAA bans U.S.-Haiti flights for 30 days after flights struck by gunfire

A Spirit Airlines plane was struck by gunfire as it was trying to land at Port-au-Prince airport.

Business - CNBC - November 12

Spirit Airlines files for bankruptcy after tumultuous period in which two attempted mergers fell through

Spirit Airlines filed for voluntary, prearranged chapter 11 bankruptcy early Monday after reaching an agreement with its bondholders, capping a tumultuous period for the low-cost airline in which ...

Business - MarketWatch - 5 days ago

US prohibits airlines from flying to Haiti and UN suspends flights after planes were shot by gangs

The Federal Aviation Administration is prohibiting U.S. airlines from flying to Haiti for 30 days after gangs shot two planes

World - ABC News - November 12

‘The most badass airline on the planet’: Lebanon’s carrier flies through war

Middle East Airlines is only operator serving the country in midst of Israeli bombardment and fighting with Hizbollah

World - Financial Times - November 13

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - October 31

Viking Therapeutics’ weight-loss pill shows ‘great outcome’ in trial

The stock, which enjoys the unusual position of having all buy ratings from the 13 analysts offering coverage on FactSet, has been on a tear this year, gaining 270% to date in 2024.

Business - MarketWatch - November 4

Latest in Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs