Spirit Restructuring Could Nullify Stocks Amid Shareholder Fury
Spirit expects shareholders will lose their investments during its Chapter 11 bankruptcy restructuring deal with bondholders.
Spirit expects shareholders will lose their investments during its Chapter 11 bankruptcy restructuring deal with bondholders.
The U.K. carrier’s superjumbo aircraft is slated to serve Boston, Washington Dulles, Johannesburg, Los Angeles, Miami, and San Francisco next summer.
The resumption of this service comes after Etihad Airways dropped Nairobi from its route network in 2020, during the COVID-19 pandemic.
Aer Lingus’ first long-range A321 – registered as EI-XLR – ferried from Airbus’ Hamburg, Germany, manufacturing facility to its Dublin hub.
The Department of Transportation issued its final order regarding nonperimeter flights from Washington Reagan National Airport on Tuesday.
Air Canada leadership praised the Canadian-built aircraft type’s strong performance during an Investor Day event on Tuesday.
Pratt & Whitney has received Federal Aviation Administration certification for the GTF engine that will power the Airbus A321XLR aircraft.
Air Canada is planning to restructure its Boeing narrowbody fleet. The Canadian flag carrier currently has around 40 737 MAX jets.
Icelandair has begun flying its first and, so far, only Airbus aircraft, and we had the pleasure of being on its inaugural flight.
One major airport that eschews this rule is Los Angeles, where the biggest carrier is Delta with 24% of domestic flights and 20% of international connections.