The New York Times – Travel:
Carriers like Spirit and Frontier have lost customers to bigger competitors and seen their costs balloon. Some are in financial distress.
Category: Spirit Airlines
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Spirit to Put One-Third of Flight Attendants on Leave
The New York Times – Travel:
The budget airline said it would furlough hundreds of employee as it waded through its second bankruptcy in a year.
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Frontier Airlines Offers to Buy Spirit Airlines, Again
The New York Times – Travel:
Spirit, which filed for bankruptcy protection in November after a federal court blocked its acquisition by JetBlue, says it has rejected the latest Frontier offer for being too low.
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Spirit Airlines Will Prohibit ‘Offensive’ Tattoos and Revealing Clothing
The New York Times – Travel:
The airline clarified (somewhat) the attire and appearance that might prevent passengers from being allowed to board or remain on a plane, a move that goes a step further than other major U.S. airlines.
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Spirit Airlines Will Delay Plane Purchases and Furlough Pilots
The New York Times – Travel:
The low-cost airline, which has been unprofitable for four years, is trying to reduce costs after a federal judge blocked a proposed deal for JetBlue to acquire Spirit.
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JetBlue and Spirit Call Off Their Merger
The New York Times – Travel:
JetBlue said it would pay Spirit $69 million to terminate the $3.8 billion deal, which had been blocked by federal antitrust regulators.
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JetBlue Says It May Back Out of Deal to Acquire Spirit Airlines
The New York Times – Travel:
JetBlue now says that it could back out of the acquisition just a week after the company said it intended to appeal a judge’s decision to block the deal.
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Spirit Airlines Is on Shaky Footing After Judge Blocks JetBlue Deal
The New York Times – Travel:
Some investors and analysts said the airline might have to seek bankruptcy protection if it couldn’t find another buyer.
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JetBlue Chief Executive to Step Down
The New York Times – Travel:
Robin Hayes described the decision to retire as “bittersweet,” and suggested that unspecified health concerns had driven it.