Tag Archives for spirit airlines.
United CEO Scott Kirby predicts Spirit Airlines won’t survive past this year, saying bluntly “Off the cliff they go” and declaring their business model already dead. Here’s why he’s right – and where he’s wrong.
United Airlines launched ’15 new destinations’ for winter. And they aren’t shy about saying they’re going after Spirit while they’re down. What they’re actually doing is anticompetitive – and revealing their playbook for blocking competition at Newark and beyond.
Spirit AIrlines blames Southwest for making them lose money, and their aircraft lessor AerCap for pushing them back into bankruptcy.
The airline has seen its costs rise – and not just post-pandemic labor cost increases. They inauguarated a new four-building, 11-acre corporate campus last year. Spirit!
Spirit Airlines has hired PJT Partners to help “explore strategic alternatives.”
A Spirit Airlines passenger delivered a racist rant that ironically started off, “We Don’t Teach Hate In Our House…” Video is going viral in social media.
Spirit Airlines warns it may go out of business within a year. They emerged from bankruptcy but aren’t doing much differently. They’re losing tremendous amounts of cash, and don’t have a lot left. And if something doesn’t change quickly, they can’t last. The airline’s credit card processor appears to be squeezing them, based on an SEC filing, and as they renew their agreement they’re going to have to post more cash – cash they don’t have – as a cushion against chargebacks in case they’re unable to honor flights for the tickets that they sell. And so they’re looking at the sale of additional assets like planes, real estate and gates and “elimination of certain fixed costs.” They could make it. And they’re trying to reassure anxious employees while the AFA-CWA flight attendants union is…
Spirit Airlines just issued a warning in its latest SEC filing that they may not last 12 months as a going concern.
(HT: Enilria)
Delta Air Lines dropped to number three in reliability among North American carriers in June, according to data from aviation analytics company Cirium.
Tiron Alexander claimed to be employed as a flight attendant or pilot with seven different airlines to nonrev on several airlines, using 30 fraudulent sets of credentials and stolen badge numbers from actual airline employees. He booked flights through the Spirit Airlines employee travel portal.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
