Airlines Cap Fares, Offer Deals After Spirit Collapse
Spirit halted all flying around 2 a.m. Saturday, leaving customers scrambling for alternate bookings.
Spirit halted all flying around 2 a.m. Saturday, leaving customers scrambling for alternate bookings.
The money would be used exclusively to offset rising fuel costs, representatives said.
A deal could open the door to unprecedented federal investments in low-cost carriers.
The deal would form Mexico’s largest domestic carrier.
Struggling ultra-low-cost carrier Spirit has engaged in high-level talks with rival Frontier, Bloomberg reported Thursday.
Struggling ultra-low-cost carrier Spirit has brought on outside advisers as it considers its options, including a possible second restructuring.
Five U.S.-based low-cost carriers have launched a new industry group, the Association of Value Airlines, to advocate on their behalf.