Spirit

Last year, the carrier reported a net loss of roughly $1.2 billion. This loss was significantly higher than the $448 million reported in 2023. 

Spirit announced Thursday that its common stock has been approved for listing once again on the NYSE American stock exchange.

Spirit has appointed Dave Davis as its new president and chief executive officer, effective April 21, the airline announced on Thursday.

Spirit announced on Monday that several top executives, including long-time CEO Ted Christie, are departing the airline.

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.

Following several restructuring-related capacity cuts, ultra-low-cost carrier Spirit is slated to grow its network again this year.

Last year, the ultra-low-cost carrier reported a net loss of nearly $1.23 billion, an increase from $448 million in 2023.

The U.S. Bankruptcy Court for the Southern District of New York has authorized Spirit Airlines’ plan to exit bankruptcy.

Ultra-low-cost carrier Spirit has rejected yet another merger offer from Frontier as the carrier plans to go forward with restructuring.

During a recent earnings call, Frontier’s leaders say they are ready to move forward with the company’s latest proposal to purchase Spirit.