Searched for
AIRLINE RESTRUCTURING
AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
Three mortgages, zero salaries: What do families do when everyone loses their job together? Viral layoff story reveals fear, debt, and survival panicA shocking rise in family financial crisis after layoffs is emerging as global job cuts accelerate across tech, fintech, and aviation secto...
Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
Trump says he supports suspending US gas tax after prices remain highPresident Trump supports suspending the federal gasoline tax amid surging prices driven by the Iran war, a move requiring congressional app...
Summer flights get costlier worldwide as jet fuel crisis and oil supply disruptions hit airlines hardAir travel may become costlier this summer as airlines face rising fuel prices and supply problems. Many carriers are cutting flights and i...
Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
Spirit Airlines shuts down after 34 years; cancels all flights with immediate effect as fuel price surge hits operationsSpirit Airlines has ceased all operations with immediate effect, canceling flights and advising passengers to avoid airports. The decision ...
Spirit Airlines stops flying with immediate effect: What travelers need to do about bookings and refundsLow-cost carrier Spirit Airlines has shut down operations. All flights are cancelled. The airline cites years of financial struggles and ri...
Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
US considers using Defense Production Act in Spirit Airlines restructuring, source saysThe US government is exploring options to support Spirit Airlines. The Defense Production Act may be used to provide financial assistance. ...
Spirit Airlines bailout: Will over 17,000 jobs be protected or big shocking lay offs on the way?Spirit Airlines' liquidation would eliminate more than 17,000 jobs, an expert said.
The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
Spirit Airlines stock just shocked the market, jumped over 130% while airline stocks fall: is Spirit Aviation Holdings (FLYYQ) a real comeback or bailout-driven spike?Spirit Airlines stock just shocked the market. It jumped over 130% in one session. Shares of Spirit Aviation Holdings Inc. (FLYYQ) surged n...
Spirit Airlines to stop operations due to fuel prices hike? Check flight fares refund options, bankruptcy exit plansSpirit Airlines flights to be grounded soon? That's the question that has been doing the rounds after the company's bankruptcy exit plan is...
Sri Lanka to overhaul loss-making national airline after failing to find buyersSri Lanka's government will restructure its loss-making national airline, Sri Lankan Airlines, after failing to find a buyer for management...
As Malaysia Airlines faces overhaul, are there lessons from Japan?MAS has been working on a plan that could cut the airline's over 19,000, largely unionised workforce, freeze pay, speed up retiring planes.
Cabinet approves Air India financial restructuringCabinet approved a financial restructuring plan for Air India, which includes equity infusion by the government and restructuring of $4 bn ...
- Banks may get to bail out airlines
The banking regulator has said that banks could change the terms under which they have lent to airlines, possibly throwing a lifeline to a ...