Tag: spirit
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You’re on Guard! Weekly Recap: Thanksgiving Travel Season Is a Success All-Around, Spirit Develops Its Bankruptcy Strategy
Editor’s Note: I’m back, wedding ring in hand! I know at least some of you missed me. Over the next few weeks, I’m going to be sharing my thoughts on a few stories that piqued my interest while I was away, including the latest contract at Boeing and what it means for aircraft deliveries, Spirit’s…
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You’re on Guard! Weekly Recap: Spirit Furloughs (again) and Cuts Capacity (again), Boeing Sweetens the IAM Deal
The Main Squawk: Spirit is furloughing an additional 330 pilots on January 31 Spirit’s latest effort to cut costs involves yet another round of furloughs effective January 31. The Company’s first round of furloughs became effective earlier this summer and has prompted a new slogan amongst its pilot group: “Business as Miserable.” The Airline successfully…
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You’re on Guard! Weekly Recap: Frontier is Making Another Pass at Spirit, Boeing Workers Reject Latest Offer… Again
The Main Squawk: Frontier wants another chance to merge with Spirit Frontier is in the early stages of restarting talks with Spirit about a possible merger, according to a report from The Wall Street Journal on Wednesday. The talks mark the rekindling of a discussion that ended abruptly in 2022 when Spirit tried its hand…
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You’re on Guard! Weekly Recap: Spirit Escapes Bankruptcy (for now), Boeing-IAM Explore a Revised Agreement
The Main Squawk: Spirit is spared from bankruptcy, at least for now In a move that shocked Wall Street analysts, Spirit announced Friday it was able to extend a deadline to make payments on some of its debt. The Airline was facing an October 21 deadline to make payments on a card processing agreement with…
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You’re on Guard! Weekly Recap: Spirit Begins Exploring the Inevitable, Southwest Tries to Monetize Its Order Book
The Main Squawk: Spirit is in discussions with creditors of a potential bankruptcy filing, signaling the obvious Spirit is in talks with creditors about a potential bankruptcy filing, according to an exclusive published by The Wall Street Journal. The discussions appear to be focused on keeping the Airline out of the courtroom, possibly by changing…
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You’re on Guard! Weekly Recap: CrowdStrike and Microsoft Fight Back with Delta, Spirit Reports a Further Loss, and Southwest’s Exploding Soda Cans
The Main Squawk: CrowdStrike and Microsoft call Delta’s bluff Last week, we reviewed Delta’s operational meltdown after a CrowdStrike outage led to tens of thousands of flight cancellations across the globe. It took the Company five days to recover—three times longer than any other carrier—forcing CEO Ed Bastian to do what he does best and…
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ANALYSIS: JetBlue/Spirit Merger Gets Struck Down, What It Means for JetBlue, Spirit, and AA
The Main Squawk: JetBlue will be OK; Spirit, not so much. Late last-night, Judge William Young of the U.S. District Court of Massachusetts, announced his ruling that the merge of JetBlue and Spirit would hurt consumers. Today, let’s break down the main points in his decision, and what it means for JetBlue and Spirit. The…
