Spirit Airlines may halt operations: sources
Two years after a failed merger with JetBlue, there are public reports that Spirit Airlines could be going under within days. Kris Van Cleave has more details.
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Two years after a failed merger with JetBlue, there are public reports that Spirit Airlines could be going under within days. Kris Van Cleave has more details.
Sources tell CBS News that Spirit Airlines' creditors are concerned about the company's ability to stay afloat amid rising jet fuel prices due to the Iran war. CBS News' Kris Van Cleave reports.
Spirit Airlines could soon be forced into liquidation. As the price of jet fuel has nearly doubled this year, driven by the Iran war, sources say some of Spirit's creditors question the budget airline's ability to make debt payments or return to profitability. It filed for bankruptcy last year. Kris Van Cleave reports.
Spirit Airlines is ending service in nearly a dozen U.S. cities this week. The cuts could impact more than just those who fly with the budget airline.
This week, Spirit Airlines will end service to nearly a dozen cities. It is laying off staff, grounding planes and slashing its flight schedule. CBS News' Kris Van Cleave explains what it means for everyone who flies.
Spirit Airlines to furlough 1,800 flight attendants as budget carrier restructures, looks to cut costs.
Capacity cuts "will inevitably affect the size of our teams," Spirit Airlines CEO Dave Davis said in a memo to employees.
A Spirit Airlines flight was repeatedly told by air traffic control to "pay attention" after the plane got close to Air Force One carrying President Trump, first lady Melania Trump and others. CBS News' Chris Van Cleave has more details.
Air traffic controllers repeatedly ordered the pilots of Spirit Airlines flight 1300 to turn away from Air Force One Tuesday over Long Island, New York. The Spirit flight was traveling from Fort Lauderdale to Boston as Air Force One was carrying President Trump, first lady Melania Trump and others. CBS News senior transportation correspondent Kris Van Cleave reports.
When Spirit Airlines announced that it might not survive another year in business, one of the reasons it pointed to was low demand for domestic leisure travel. Travel and Leisure editor-in-chief Jacqui Gifford joins "The Daily Report" to discuss.
Just months after emerging from Chapter 11 bankruptcy, Spirit Airlines is warning about its ability to stay in business.
Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plummeted on Tuesday after the company warned of "substantial doubt" about its ability to stay in business. CBS News senior transportation correspondent Kris Van Cleave has more.
American Airlines is no longer resuming its daily service out of Miami into Port-au-Prince's Toussaint Louverture International Airport.
Spirit's bankruptcy filing will likely mean higher airfares across airlines as it trims schedule, according to experts.
Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with JetBlue. CBS News senior transportation correspondent Kris Van Cleave has more on what this means for travelers.
The budget carrier Spirit Airlines is trying to recover from the pandemic drop in travel and failed mergers.
The Spirit Airlines bankruptcy news may not affect holiday travel but could limit some service options in the future due to cost-cutting measures. CBS News MoneyWatch correspondent Kelly O'Grady has more on the airline, and new details on the stock market rally after the 2024 elections.
Failed sales and mergers and an engine recall that forced dozens of jets to be grounded have pushed Spirit Airlines to file for bankruptcy. CBS News senior transportation correspondent Kris Van Cleave has more on what this news means for air travel.
Spirit Airlines has filed for bankruptcy protection following its failed merger with JetBlue, an engine recall that forced dozens of its jets to be grounded and weaker than expected sales. Spirit says operations will continue as normal for now and flights will not be impacted.
The Federal Aviation Administration temporarily banned U.S.-Haiti flights for 30 days after planes coming from Florida and New York were struck by gunfire in Port-au-Prince. Christopher Hernandez-Roy, the deputy director and senior fellow of the Americas Program at the Center for Strategic and International Studies, joins CBS News with more on Haiti's violence.
Spirit Airlines, weighed down by mounting debt, is considering filing for bankruptcy protection.
U.S. airlines are barred from flying to Haiti for a month after 3 American carriers' planes are hit by gunfire amid relentless gang violence in the Caribbean nation.
A third plane was hit by gunfire in Haiti amid a surge in gang violence. The FAA banned flights to the country for a month following the incidents, which are being investigated by the FBI. CBS News senior transportation correspondent Kris Van Cleave has the latest.
A Spirit Airlines flight from Florida was damaged by gunfire en route to Haiti and diverted to the neighboring country of the Dominican Republic, the airline said.
Major U.S. airlines have canceled trips to Haiti after two planes coming from Fort Lauderdale and New York were shot at. CBS News Miami's Tania Francois reports.