Spirit Reports Over $1 Billion Loss in 2024
Ultra-low-cost carrier Spirit has reported a net loss of just under $1.23 billion for 2024, just weeks after exiting Ch. 11 bankruptcy.
Ultra-low-cost carrier Spirit has reported a net loss of just under $1.23 billion for 2024, just weeks after exiting Ch. 11 bankruptcy.
A deadly engine failure prompted the agency to issue its airworthiness directive addressing the engine’s unsafe condition.
Following several restructuring-related capacity cuts, ultra-low-cost carrier Spirit is slated to grow its network again this year.
U.K.-based airline Zuri Sky has announced plans to add flights between London Gatwick and Freetown, Sierra Leone, starting in October 2025.
Citing rising airport cost pressures, ultra-low-cost carrier Allegiant says it will end base operations at this airport, which began in 2009.
American has asked the Supreme Court to intervene and reverse a decision by a lower court invalidating an alliance with JetBlue Airways on antitrust grounds.
This move, Southwest said, is part of the carrier’s ongoing efforts to “further maximize our operational efficiency and reliability.”
Ultra-low-cost carrier Frontier has announced the addition of two new airports to its route network starting this summer.
An airline spokesperson told AirlineGeeks on Monday that these aircraft will be operated in their current configuration, primarily on shorter routes.
Last year, the ultra-low-cost carrier reported a net loss of nearly $1.23 billion, an increase from $448 million in 2023.