Spirit Airlines secures $100 million lifeline to stay afloat during bankruptcy
- 16-Dec-2025
Spirit Airlines said Monday it has secured an additional $100 million in emergency financing to support its operations and restructuring efforts while under bankruptcy protection. The move comes amid mounting speculation about the ultra-low-cost carrier’s future. Aviation outlet The Air Current reported, Friday that some rival airline executives believed Spirit could halt operations abruptly around […]
Boeing says to buy subcontractor Spirit for $4.7 billion
- 01-Jul-2024
US aircraft manufacturer Boeing said Monday it had reached a “definitive deal” to buy its subcontractor Spirit, which has faced scrutiny over production quality control in recent months. “The merger is an all-stock transaction at an equity value of approximately $4.7 billion, or $37.25 per share,” the company said in a statement. Boeing disclosed in […]
JetBlue, Spirit Airlines call off merger
- 04-Mar-2024
Low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8-billion merger agreement on Monday, seeing no path forward after a U.S. judge blocked the deal in January on anti-competition concerns. A successful deal would have created the fifth-largest carrier in the United States and helped Spirit ensure its survival, but the deal had been […]
Khawaja Asif says PML-N respects judiciary in letter, spirit
- 09-Jul-2017
SIALKOT: Minister for Water and Power Khawaja Asif on Sunday said the Pakistan Muslim League-N (PML-N) respected the judiciary in letter and spirit. “The PML-N tolerated a lot of hurdles for an independent judiciary and rule of law in the country,” he said while addressing a ceremony in Sialkot. He said that under vibrant leadership […]
Clarke's haunting tribute to team mate Hughes
- 03-Dec-2014
MACKSVILLE, SYDNEY: Australia captain Michael Clarke urged mourners to "dig in and get through to tea" as he choked back tears in an emotional eulogy delivered to Phillip Hughes at the cricketer's funeral in Macksville, New South Wales, on Wednesday.