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Top related persons:
— - 1 Max - 1 Scott Kirby - 1 Ed Bastian - 1 Bastian - 1 Richard Aboulafia - 1 Michael O'Leary - 1 Henry Harteveldt - 1
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Alaska Delta Ronald Reagan Washington Arlington , Virginia
Top related orgs:
Alaska Airlines - 2 Southwest Airlines - 2 Spirit Airlines - 2 Boeing - 1 Max - 1 Southwest - 1 United - 1 Service - 1

Search resuls for: "Airlines and Spirit Airlines"


3 mentions found


☆ Airline tickets could get more expensive amid the Boeing 737 Max fallout
  + stars: | 2024-03-13 | by ( Taylor Rains | ) www.businessinsider.com   time to read: +5 min
Executives from several US carriers have expressed doubt about the Boeing 737 Max delivery schedule. Southwest expects 42% fewer jets this year, while United told Boeing to stop making the Max 10. AdvertisementCustomers may soon feel the impact of the Boeing 737 Max blowout as airlines face uncertainty about their future fleets. The airline also said it doesn't expect to receive any of the yet-to-be-certified Max 7s this year and removed them from its 2024 plan. Airlines may look to Airbus to grow their fleetsThe Airbus A320neo competes with the Boeing 737 Max.
Persons: —, Max, Scott Kirby, Ed Bastian, Bastian, Richard Aboulafia, Michael O'Leary, Henry Harteveldt, Harteveldt, Kirby Organizations: Boeing, Max, Southwest, United, Service, Alaska Airlines, Delta Air Lines, Southwest Airlines, United Airlines, Bloomberg, JPMorgan, Delta Air, Ryanair, Airbus —, Airbus, Frontier Airlines, Spirit Airlines, Reuters Locations: Alaska, Delta
☆ American Airlines, Spirit Airlines cut summer profit forecast on higher costs
  + stars: | 2023-09-13 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +1 min
An American Airlines plane sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on february 23, 2023American Airlines and Spirit Airlines on Wednesday joined other carriers in warning that higher costs will hit profits during the bustling summer quarter. The carrier halved its operating margin from a forecast earlier this summer to 4% to 5%. Spirit Airlines expects negative margins of as much as 15.5% in the three months ending Sept. 30, down from an earlier estimate of -5.5% to -7.5%. Airlines have lost the pricing power they commanded last summer when capacity was more constrained coming out of the pandemic, even though demand has been strong. Southwest Airlines and Alaska Airlines cut their third-quarter forecasts earlier this month.
Persons: Ronald Reagan, Hopper Organizations: American Airlines, Ronald Reagan Washington National Airport, Airlines and Spirit Airlines, Wednesday, Spirit Airlines, Airlines, Southwest Airlines, Alaska Airlines Locations: Ronald Reagan Washington, Arlington , Virginia
☆ JetBlue won the battle for Spirit. Now it has to win over Biden's Justice Department
  + stars: | 2022-07-28 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +4 min
JetBlue Airways finally won over Spirit Airlines with a $3.8 billion takeover deal . JetBlue Airlines and Spirit Airlines are seen on the departure board in the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. President Joe Biden's Justice Department has vowed to challenge out any deals that could harm competition. The Justice Department didn't immediately respond to a request for comment but the agency's antitrust chief, Jonathan Kanter, has promised a hard stance against anti-competition. Without that, "there would be a public perception that [the Justice Department] just caved," he said.
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