Tag Archives for spirit airlines.
The airline’s stock will be wiped out, $795 million in debt will be reduced, and the new owners will inject $350 million into the carrier. That won’t last long.
The parties are not far off here! Spirit’s creditors are likely better off with some combination, under new management, than with the standalone turnaround plan. I would have assumed they see this and are negotiating for more rather than actually walking away. Yet Spirit’s bondholders indicated they would not extend the NDAs, effectively preventing further negotiations.
A Spirit Airlines passenger was kicked off of a Los Angeles to San Antonio flight because of an offensive hoodie. And I guess this is newsworthy because, until now, we didn’t know that clothing could fail to meet the minimum standards necessary to fly Spirit Airlines.
Dallas-based right wing YouTube personality Alex Stein walked through the E concourse of Dallas – Fort Worth airport wearing a clown-sized Make America Great Again hat and filming his interactions with other passengers, before boarding his Spirit Airlines flight to Las Vegas with the hat on.
With their bankruptcy filing, they’ve laid out the changes they believe are necessary to turn around the airline’s performance. And it’s taking further the notion that they need a different product to appeal to today’s consumers, especially in an environment of higher costs. They plan free wifi; free water and snacks for all; and improved customer service. They’re also planning improved upgrades for elite frequent flyers.
Spirit Airlines has filed for bankruptcy after merger talks with Frontier fell through, citing $8.99 billion in debt and plans to restructure through creditor agreements while continuing operations, though travelers may face higher fares and route adjustments in the future.
In a video now going viral, two Spirit Airlines check-in agents can be seen fighting. At the start of filming, they can be seen bumping, while one says to the other “do not play with me.” She just continues tap, tap, tapping away processing a check-in like it’s no big deal, just another day at Spirit Airlines.
Spirit has been trying to put off bankruptcy by route cuts, getting rid of aircraft and shedding workers.
Frontier was looking to buy them, despite all of their troubles.
A Spirit Airlines plane was hit by bullets while flying over Port-au-Prince. They landed safely in Santiago, Dominican Republic, however a flight attendant was reportedly grazed by a bullet. Video from crew inside the aircraft show bullet holes.
Former Spirit Airlines CEO Ben Baldanza passed away last night from ALS. He was 62.
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 »
