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Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…
Lian Kit Wee,Will Martin
JetBlue founder and low-cost airline veteran explains how struggling airlines need to adapt to survive right now
Low-cost guru David Neeleman, who has founded five budget carriers since 1984, told BI some airline…
Taylor Rains
Spirit is struggling to survive. Bankruptcy will likely mean other airlines raise their prices.
Spirit Airlines is reportedly considering bankruptcy protection. That's likely to mean flying fewer…
Pete Syme
IndiGo's bottom-line turns red for Q2, high fuel costs, and forced groundings main reason
The main reason behind the carrier running into reds during the second quarter of FY25 was high fue…
Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more
Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek …
Pete Syme
Airlines are making a miraculous recovery by doubling down on premium seats
American, Delta, and United Airlines are doubling down on high-margin premium cabins and expanding …
Taylor Rains,Benjamin Zhang
Stock market today: Dow jumps 337 points to fresh record as US stocks rise on solid earnings
The S&P 500 is on track to report 7% year-per-year earnings growth for the third quarter, according…
Jennifer Sor
Stock market today: US stocks jump after blowout September jobs report
"On the face of this the Fed should be hiking rates with these sorts of figures, not cutting rates,…
Matthew Fox
Microsoft outage – London Stock Exchange, banks and airlines across the world affected
In what is emerging as one of the biggest tech outages, Microsoft’s services across the world have …
Air France-KLM says people avoided Paris during the Olympic Games — and that was bad news for the airline group
Air France-KLM posted disappointing earnings and attributed the decline to reduced travel to and fr…
Pete Syme
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
Spirit Airlines has struggled since its proposed merger with JetBlue was struck down. Reports have …
Pete Syme
Former CEOs of American Airlines, LinkedIn, Amex, Xerox, and 13 other companies make the pitch for Kamala Harris
Former CEOs of 17 big companies wrote an op-ed endorsing Kamala Harris, saying they "cannot sit by …
Kelsey Vlamis
2 major airline CEOs have issued a clear message to Boeing in the past week: Do better
Southwest CEO Bob Jordan said it's been years since Boeing plane deliveries went as expected, and t…
Kelsey Vlamis,Aditi Bharade
Stock market today: US stocks notch 4-week win streak after strong jobs report eases fears of an economic slowdown
Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs repor…
Matthew Fox
United Airlines takes a shot at Delta's IT meltdown: 'Healthy businesses don't make excuses'
United Airlines did not include the financial cost of July's CrowdStrike IT outage on its third qua…
Benjamin Zhang
Stock market today: Indexes gain after strong retail sales data
Stocks rose Thursday as investors digested strong retail sales data for September. Upbeat earnings …
Kelly Cloonan
Why a hedge fund made a podcast about a shake-up it's pushing for at Southwest Airlines
Elliott Investment Management built up an 11% stake in Southwest — then started a podcast. It's a g…
Shubhangi Goel
SpiceJet’s Ajay Singh might sell stake to raise funds for airline
SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…
Singapore Airlines gets FDI nod from Indian govt for Vistara-Air India merger
Singapore Airlines has received approval from the Indian government for foreign direct investment a…
PTI
Global cyber outage: Microsoft users report 'blue screen of death'; flights cancelled
As per reports, Windows users are seeing blue screen errors on their screens with their laptops or …