Bankrupt Spirit Air rebuffs new takeover offer from Frontier
Spirit Airlines Inc. rejected a new acquisition offer from the parent of Frontier Airlines but said it remains open to a long-discussed combination of the budget carriers.
Spirit Airlines Inc. rejected a new acquisition offer from the parent of Frontier Airlines but said it remains open to a long-discussed combination of the budget carriers.
The Transportation Department said the lawsuit alleges that Southwest illegally operated chronically delayed flights and disrupted passengers’ travel plans. It says it is seeking “maximum civil penalties.”
Mexico City-based carrier Aeromexico was the most on-time airline in 2024—with 86.7% of flights arriving on time.
In social media replies to frustrated travelers, the airline said: “Our team is currently working to rectify this. Your continued patience is appreciated.”
Insurance premiums are among a handful of stubborn costs that have yet to yield much relief for consumers, in addition to shelter costs and other services like medical care.
FCC Chairwoman Jessica Rosenworcel has drafted plans to regulate the cybersecurity of telecommunications companies as the federal government faces pressure to respond to a massive compromise of U.S. phone networks by Chinese government hackers.
Such a rule would go far beyond the current requirement for airlines to pay ticket refunds. It would make U.S. policy more closely resemble airline consumer protections in Europe.
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion in 2025 and 2026.
The Florida-based budget carrier will begin daily service to Hartsfield-Jackson Atlanta International Airport on May 7 and seasonal nonstops to New Orleans for Mardi Gras.
In a Thursday regulatory filing, Spirit said it has identified about $80 million of cost-cutting measures set to begin early next year.
Founded in 2009, Paccurate is a parcel intelligence platform that helps businesses pack their shipments more efficiently, saving up to 15% on transportation costs and reducing their carbon footprints.
Aer Lingus will begin offering nonstop flights between Indianapolis and Dublin four times a week starting in May, marking the first nonstop transatlantic flights from Indy since 2020.
Letter carriers have been working without a new contract since their old one expired in May 2023. Since then they have continued working under the terms of the old contract.
U.S. flight cancellations were expected to soar past 1,600 on Wednesday, when Milton was forecast to come ashore along Florida’s central Gulf coast. The bulk of those cancellations are in Florida.
The agreement affects about 45,000 striking U.S. dockworkers at 36 ports stretching from Maine to Texas that handle about half the cargo from ships coming into and out of the United States.
DirecTV plans to acquire Dish and Sling in a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.
If roughly 45,000 U.S. longshoremen make good on their threat to strike beginning Tuesday, they could shut down 36 ports from Maine to Texas that handle about half the goods shipped into and out of the United States.
Southwest plans to begin assigned seating in the “second half” of next year, the airline said. The shift does away with its trademark open seating, where travelers can pick any seat they want after boarding a flight.
Nationally, the average cost of employer-sponsored health plans is expected to grow 9% next year if companies don’t find ways to cut costs, according to an Aug. 15 report by professional services firm Aon.
For a variety of reasons, some related to the pandemic, auto insurance premiums have risen dramatically over the past few years.