Spirit Airlines
It’s not every day you see a company’s valuation drop below what its executives earned in a single year, but that’s exactly where Spirit Airlines finds itself as we kick off 2025. After a turbulent 2024, Spirit’s equity now sits at just $12.6 million—less
Airline Industry
As 2024 winds down, it’s time to reflect on a year that was anything but predictable for the U.S. airline industry. From financial highs and operational lows to mergers and bankruptcies, the aviation sector showcased its resilience while grappling with challenges that tested even the most seasoned carriers.
AviationOutlook Newsletter
Dear readers, Welcome to AviationOutlook Newsletter, your one-stop source for the most relevant Aviation & Aerospace news briefs and industry insights. Here are the important updates for today. Let’s get started. Spirit Airlines Bankruptcy Strategy Aims to Secure Frontier Acquisition Spirit Airlines is in discussions with Frontier Group Holdings
AviationOutlook Newsletter
Spirit Airlines CEO Ted Christie has announced that the company is not considering filing for Chapter 11 bankruptcy. This statement comes after the failed merger with JetBlue Airways and ongoing challenges, including a Pratt & Whitney engine recall that has grounded several of its Airbus planes. Despite these setbacks, Christie