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SPIRIT AIRLINES BANKRUPT
Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...- Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.
- US stock today | Spirit Airlines prepares to cease operations after bailout plan falls apart: ReportSpirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. govern...
- 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.
- Why is Delta Air Lines' stock falling today, and what should investors watch?Delta Air Lines plans 20% earnings growth in 2026, mainly from premium travelers. Economy demand is low, and the stock dropped almost 5%. D...
- Spirit Airlines cancels Airbus order in settlement with AerCapSpirit Airlines will reject 52 Airbus plane orders as part of a dispute settlement with lessor AerCap, which will take over the commitment....
- Bankrupt Spirit Airlines slashes flights as layoffs loom - If you booked tickets here's what you need to knowSpirit Airlines has filed for bankruptcy again, causing big changes that affect travelers everywhere. Spirit Airlines is planning significa...
- Spirit Airlines files for bankruptcy for second time in a year, CEO cites ongoing financial challenges; Analysts warn of cost structure and market pressuresSpirit Airlines, grappling with financial instability, has filed for bankruptcy protection again after a previous reorganization failed to ...
- Contempt plea on non-maintenance of aircraft: HC asks Go First RP to file affidavitThe HC noted that there were eight other lessors also facing similar issues with regard to inspection, maintenance and access of documents....
- Lessors tell court that Go First planes stripped of key partsAircraft lessors have told the Delhi High Court that bankrupt airline Go First is cannibalising key components from their aircraft accordin...
- Vijay Mallya's Kingfisher Villa on the block for Rs 85 croreThe Villa comprises of three big bedrooms and a huge living room containing hand-crafted teakwood furniture designed in Goan style.
- DRT directs JP Morgan Bank not to disburse $40 million to Vijay MallyaMany cases are pending in various courts and even the Supreme Court is hearing cases related to Kingfisher Airlines default and the loan re...
- Karnataka High Court nixes USL share sale to DiageoThe order, if allowed to stand, is likely to pose an immediate danger to Diageo's control over USL, India's largest liquor company.
- Kingfisher case: Bombay High Court refuses relief to Vijay Mallya, banks free to sell pledged United Spirits sharesBombay High Court has dismissed United Breweries Holding’s plea to direct banks to stop selling the shares of United Spirits.
- UB files petition to stop SBI from selling USL sharesUB Holdings has filed a petition in the BHC seeking an order to restrain the SBI from selling shares of group company USL.
- Kingfisher Airlines' lenders complicate Diageo deal; may sell pledged United Spirits' sharesTop lenders from PSU banks told ET that they have lost faith in Vijay Mallya, and don’t believe he is going to revive the airline.
- Lenders to drag Kingfisher to Court for its failure to repay 7,000 crore debtLenders had been pursuing a soft approach so far in the hope that the company can be persuaded to come out with a revival plan.
- KFA not allowed to fly in winter, even if readyMallya’s close aides were trying to restart operation from December 18 as a ‘birthday’ gift to the troubled billionaireturned-millionaire .
- Lenders will do everything possible to recover Kingfisher Airlines dues: SBI"We will do whatever is appropriate in the best interest of the group of banks," SBI MD, Mid-corporates, S Vishwanathan said.
- Vijay Mallya may sell majority stake in United Spirits to drinks giant DiageoMallya & Diageo are discussing a 3-stage transaction giving the British major an undisputed sway over the Rs 16,000-cr local liquor market.
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