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BUDGET AIRLINE STRUGGLES
EasyJet says possible US bid 'highly opportunistic' as shares jump 10%EasyJet responded on Monday by saying it has not held talks with Castlelake but it would assess any potential offer if one was made, noting...01 Jun, 2026, 07.49 PM IST- Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...18 May, 2026, 10.24 AM IST
- Markets look past conflict, but oil and inflation risks remain: Peter CardilloGlobal equities signal confidence in easing geopolitical tensions, with investors largely pricing in the worst of recent volatility. Howeve...08 May, 2026, 12.36 PM IST
- 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...08 May, 2026, 01.41 AM IST
- Who is Hunter Peterson: Man behind the viral ‘Let’s Buy Spirit Airlines’ campaign that drew $214 million in pledged crowdfundingA viral online campaign, 'Let's Buy Spirit,' emerged after Spirit Airlines ceased operations, proposing public crowdfunding to revive the c...07 May, 2026, 10.43 AM IST
- 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...02 May, 2026, 04.50 PM IST
- Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.02 May, 2026, 03.13 PM IST
- 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...02 May, 2026, 01.06 PM IST
- Trump signs bill funding the Department of Homeland Security, ending record shutdownPresident Trump signed bipartisan legislation to fund most of the Department of Homeland Security, ending the longest agency shutdown in hi...01 May, 2026, 11.56 AM IST
- Trump weighs Spirit Airlines takeover, eyes resale after oil price drop report saysPresident Donald Trump is exploring a government takeover of Spirit Airlines. The plan involves buying the struggling airline with taxpayer...24 Apr, 2026, 10.35 AM IST
- Are Budget airlines on the brink of collapse due to Trump's trade war?US airlines face challenges due to shifting travel demands. Legacy carriers like Delta and United are outperforming budget airlines. This i...07 May, 2025, 04.46 PM IST
- Firings in the U.S continue unabated: In a boardroom bloodbath, Southwest Airlines to fire 15% of corporate staff; top brass not to be spared, CEO's memo goes viralSouthwest Airlines will cut 1,750 corporate jobs, about 15% of its workforce, starting in April. The layoffs include several senior leaders...18 Feb, 2025, 10.15 PM IST
- Spirit Airlines files for bankruptcy as financial losses pile up, debt payments loomSpirit Airlines, the largest US budget airline, has filed for bankruptcy protection after losing over $2.5 billion since 2020. The airline ...18 Nov, 2024, 05.46 PM IST
- Lufthansa to cut free snacks for economy passengersThe airline and its subsidiaries, Eurowings, Swiss, Austrian and Brussels Airlines, are cutting their schedules, fleet and staff, with air ...17 Nov, 2020, 06.11 PM IST
- Why Tatas should tread carefully before investing in JetThe Tata chief should tread carefully. The current market, for circumspect investors, is still a bloodbath.16 Nov, 2018, 06.32 PM IST
- Budget 2015: No major relief for struggling aviation sector, say experts"Overall, nothing to write home about. India's troubled aviation sector will continue to struggle for another year," Amber Dubey said.28 Feb, 2015, 09.41 PM IST
- Budget 2012: ECBs in aviation welcome, says Vijay MallyaKingfisher Airlines welcomed the Budget proposal to allow aviation cos to raise capital through external borrowings worth $1 billion during...16 Mar, 2012, 10.13 PM IST
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