Spirit Airlines will defer Airbus orders, furlough 260 pilots in race to shore up liquidity

[ad_1] A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines … Read More

JetBlue cuts routes spanning Los Angeles to Lima in race to lower costs

[ad_1] A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Jan. 31, 2024. Joe Raedle | Getty Images JetBlue Airways … Read More

United to pause pilot hiring, citing Boeing’s delivery delays

[ad_1] A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines will pause pilot hiring this spring because of aircraft deliveries from Boeing, the latest effect of the … Read More

Dow falls, Nasdaq retreats from record high to start week: Live updates

[ad_1] Consumer discretionary and communication services stocks drag on S&P 500 The S&P 500 was weighed down in Monday’s session by consumer discretionary and communication services stocks. The two sectors … Read More

Airlines Avelo and Breeze, three years after their pandemic debut, prepare for a profitable year

[ad_1] The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. Patrick … Read More

Companies — profitable or not — make 2024 the year of cost cuts

[ad_1] Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office … Read More

JetBlue resets with new CEO, industry veterans to run airline on time, and profitably

[ad_1] A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs | CNBC In the 24 years since JetBlue Airways‘ first flight, the New York-based airline has pushed the … Read More

Spirit Airlines says it’s on the path back to profitability, with or without JetBlue

[ad_1] Spirit Airlines‘ CEO said Thursday the domestic market is improving and defended the budget airline’s ability to generate cash even without an acquisition by JetBlue Airways, which a federal … Read More

JetBlue and Spirit appeal judge’s ruling that blocks their proposed merger

[ad_1] Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Nov. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images JetBlue Airways and Spirit … Read More

Spirit jumps 17% after raising fourth-quarter forecast, plans to refinance debt

[ad_1] Spirit Airlines jetliners on the tarmac at Fort Lauderdale Hollywood International Airport. (Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via Getty Images) Joe Cavaretta | South Florida Sun-sentinel | … Read More