Keyword: spiritairlines
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LMFAO 𤣠Marco Rubio finding out he has to run Spirit Airlines. This is an absolute masterpiece đ
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WASHINGTON, D.C. â Senator Elizabeth Warren was seen riding into town Monday morning bearing the scalp of her defeated enemy, Spirit Airlines. The senator from Massachusetts previously opposed a merger between JetBlue and Spirit Airlines, arguing that Spirit Airlines "made mockery of Great Spirit" and only its defeat would "bring'em return of buffalo." "Me no make'em deal with palefaces," Warren said at the time. "Call for anti-trust. Me anti-trust white man." At the time, others argued in favor of the merger, saying it would save thousands of jobs and enable the two budget airlines to join forces against the...
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Budget carrier Spirit Airlines officially shut its doors Saturday, laying off its employees and cancelling all flights after rising fuel costs pushed the struggling company over the brink. The price of jet fuel has spiked since the AmericanâIsraeli war on Iran started in late February, leaving Spiritâwhich had already declared bankruptcy twice in less than two yearsâunable to sustain its business operations. âThe sudden and sustained rise in fuel prices in recent weeks ultimately has left us with no alternative but to pursue an orderly wind-down of the Company,â CEO Dave Davis said in a statement released Saturday. Davis added...
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Spirit Airlines has officially shut down permanently. But their sacrifice could potentially mean a better future. I will explain.
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Gradually, then suddenly, is how bankruptcies often play out, as in âThe ultra-low-cost carrier [Spirit Airlines] has struggled for years and filed for bankruptcy twice since 2024,â and now, âSpirit Passengers Rush to Find New Flights.âAdvertisementElizabeth Warren was quick to respond: âDonald Trumpâs war with Iran caused the sky-high fuel prices that finally did Spirit Airlines in.â Got it, Senator.In July, 2022, the shareholders of Spirit Airlines had agreed to be acquired by Jet Blue:AdvertisementJetBlue will pay $33.50 per share, which is an equity value of $3.8 billion. The merger would give JetBlue 9% of the market, according to a...
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I've warned for months that a @JetBlue -@SpiritAirlines merger would have led to fewer flights and higher fares. @JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation. This is a Biden win for flyers!
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Airlines for America President Chris Sununu said the collapse of Spirit Airlines underscores the consequences of the Biden administrationâs decision to block a proposed merger with JetBlue, calling the failed deal a missed opportunity to stabilize the struggling carrier.
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The outcome marks the final flight for the budget airline, crushed by years of operational stress, failed merger attempts, mounting debt, and a brutal jet-fuel price shock that derailed its efforts to emerge from bankruptcy this summer.
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Spirit Airlines has approached the Trump administration about an emergency bailout to keep the beleaguered discount carrier in business and avoid liquidation due to skyrocketing fuel prices, CBS News has learned. "Spirit is looking for a lifeline," a source familiar told CBS News. Some Spirit creditors have questioned the airline's ongoing viability and are concerned the airline will not be able to make an upcoming multimillion-dollar debt payment due to surging fuel prices, raising the possibility that the carrier could be forced into liquidation in the near future. Spirit executives and other low-cost carriers are expected to meet with Transportation...
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Spirit Airlines died tonight at the hands of the socialist crusader, Elizabeth Warren She must be so proud to add another casket to her achievements. Tonight at 3am, Spirit turns off the lights. 14,000 jobs gone. 30+ smaller airports lose service. JetBlue offered $3.8 BILLION in cash to buy Spirit in 2022. Shareholders, flight attendants union, literally everyone voted yes. The combined company would have held 9% of the US market against a Big 4 that already owned 80%. For anyone who understands numbers: 9% isnât a monopoly against 80%. Warren said no. She wrote letters. She pressured Buttigieg. Bidenâs...
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Spirit Airlines is preparing to shutter operations after a $500 million bailout deal with the Trump administration fell apart, according to a report Friday. The embattled budget airline has been unable to secure enough funding from the government and certain bondholders to keep it in business, the Wall Street Journal reported, citing sources familiar with the matter. Spirit had been in talks with the Trump administration about a deal that would hand the government a stake of up to 90% in exchange for a major cash boost â potentially allowing the White House to use part of the bankrupt carrierâs...
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Spirit Airlines is preparing to cease operations after a last-ditch rescue effort reportedly collapsed, leaving the struggling budget carrier on the brink of collapse. The ailing airline had been hoping to secure a $500 million lifeline from the government to keep it afloat, but talks have failed to produce a deal. People familiar with the matter told the Wall Street Journal that Spirit has been unable to win sufficient backing from key bondholders and government officials, raising serious doubts over its ability to continue operating. Discussions had taken place with the Trump administration over a potential bailout package that would...
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The White House is reportedly considering a plan to take over Spirit Airlines and use part of the bankrupt carrierâs fleet for military missions. Under the proposal, President Trump would invoke the Defense Production Act to loan Spirit Airlines money for national defense purposes, CBS News reported on Friday. The Pentagon would then use the budget airlineâs âexcess capacity for transporting troops, military cargo or other missions,â the outlet said, citing sources. Spiritâs creditors would need to sign off on the strategy. The company, known for its bright-yellow planes and low-cost fares, has declared bankruptcy twice in the past two...
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The Trump administration is in advanced discussions with budget carrier Spirit Airlines about a bailout, sources familiar with the negotiations told CBS News. The financing package could include a loan of up to $500 million, in exchange for warrants that would allow the federal government to take a potentially substantial ownership stake in the beleaguered airline, the sources said. Commerce Secretary Howard Lutnick is one of the chief proponents pushing the Trump administration to take an ownership stake in the carrier, multiple sources told CBS News. The deal is not done and is subject to change, but could be finalized...
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The Trump administration is in advanced talks for a financing package for Spirit Airlines as the carrier is facing the risk of a liquidation, according to a person familiar with the matter. The iconic discounter Spirit has been challenged for years by rising costs, changing consumer tastes, an engine recall and a court-blocked plan to be acquired by JetBlue Airways two years ago. âSpirit Airlines would be on a much firmer financial footing had the Biden administration not recklessly blocked the airlineâs merger with JetBlue,â White House spokesman Kush Desai said in a statement to CNBC. âThe Trump administration continues...
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Spirit Airlines could dissolve as soon as today and leave passengers who have already booked tickets stranded at airports around the country. The carrier filed for bankruptcy twice between November 2024 and August 2025, and it currently remains under Chapter 11 protection. Spirit was able to survive based on the assumption that jet fuel prices would remain stable and that it would be able to maintain its passenger capacity at 80 percent, hoping to exit restructuring in early summer. But since the war with Iran, jet fuel prices have nearly doubled in large cities such as New York, Houston, Chicago...
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Donald Trump's Air Force One flight to London got dangerously close to another plane while travelling in the skies of New York, it has been reported. The US President's Air Force One and Spirit Flight 1300, an Airbus A321 flying from Fort Lauderdale to Boston, were approaching Long Island when an air traffic controller observed their altitudes were close. He also noticed that their flight paths were converging and attempted to warn the pilots of the Spirit flight to adjust their course. The encounter was first posted first by the @JonNYC account on the Bluesky media app. The unverified audio...
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âPay attention!â, Spirit Airline pilots are told. The crew of a passenger jet was reprimanded for taking a flight course too close to Air Force One and for taking too long to adjust direction. The incident occurred over Long Island, and President Donald J. Trump was aboard AF1. New York Post reported: âPilots flying Spirit Airlines Flight 1300, traveling from Fort Lauderdale to Boston, were scolded by an air traffic controller Tuesday after they tried warning them, they were rapidly closing in on the presidentâs plane altitude and flight path as it was en route to the United Kingdom. [âŚ]...
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The shocking moment a mass brawl involving men, women and children erupted at Atlanta Airport has been caught on camera. Viral video shows a dozen people throwing hands during chaotic scenes at Hartsfield-Jackson International Airport in the Georgia capital on Wednesday. The passengers can be seen punching and kicking each other close to what appeared to be the Spirit Airlines departure gates at one of the airport terminals. Several people stood on the chairs to launch an attack from above, while others grappled on the ground below. It's unclear what caused the fight or how it was resolved. Atlanta Police...
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As if air travel wasn't crazy enough these days, passengers got into a massive brawl at the Atlanta airport ... and it's all on video. Viral footage shows dozens of air travelers fighting in the Spirit Airlines terminal ... punching and kicking their foes in the middle of the waiting area near a boarding gate. Fists are flying and parents are trying like heck to get their kids away from the carnage ... and the brawlers are ignoring pleas to stop the mayhem. We've seen a few fights at Hartsfield-Jackson Atlanta International Airport ... but this is by far the...
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