The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...
Aerostructures maker Spirit AeroSystems Holdings, which has been hurt by a strike at Boeing, agreed to sell its Fiber Materials Inc. business to Tex-Tech Industries for $165 million. FMI's ...
The Justice Department blocked a merger with JetBlue, and the result will be less competition, higher fares, and laid-off workers.
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter ...
Just eight months after the Biden administration successfully blocked a merger between Spirit Airlines and JetBlue, the former filed for Chapter 11 bankruptcy, necessitating its delisting from the New ...
Frontier Airlines tried to merge with Spirit in 2022 but was outbid by JetBlue. However, the Justice Department sued to block ...