Leisure airlines Allegiant Air and Sun Country Airlines are now one company, following a $1.5 billion merger
Browsing: Spirit Airlines
More than 37,000 employees were affected by layoffs in the first 10 days of May 2026 as tech, finance, media, and travel companies cut jobs.
On May 2, Spirit Airlines ceased operations due to the high jet fuel costs following the Iran War, that led the company to bankruptcy
A viral campaign to buy Spirit Airlines draws $23M in pledges after its collapse, highlighting public interest in collective ownership.
Spirit Airlines shuts down operations effective immediately, cancelling all flights after a surge in fuel prices and failed efforts
Lufthansa Group plans to cut 4,000 jobs by 2030 amid digitization and cost pressures, as global airlines, including Spirit, announce major workforce reductions.
Spirit Airlines plans to furlough 1,800 flight attendants as part of cost-cutting measures amid its second bankruptcy in a year and shrinking flight network.
Spirit Airlines CEO Dave Davis announces job cuts and a 25% schedule reduction as the bankrupt carrier seeks stability through cost-cutting, fleet downsizing, and union negotiations.
Spirit Airlines’ bankruptcy reshapes the airline sector, with reduced capacity boosting rivals like Frontier, American, Delta, and United, while investors weigh risks of consolidation and economic downturn.
Budget carrier Spirit Airlines files for a second Chapter 11 bankruptcy, struggling with debt, tariffs, and rebranding challenges while pledging to continue flying.