Who Controls LATAM? The Post-Bankruptcy Ownership Shift
Following its successful Chapter 11 bankruptcy exit, LATAM Airlines is now led by a consortium of institutional investors, Delta, and Qatar Airways.
Jun 23, 20263 min
Business
Spirit Airlines Liquidation: $1.61 Loss Per Dollar Revenue
Spirit Airlines ceased operations after an operating loss of $1.61 per dollar earned and a failed $500 million federal bailout request.
May 23, 20264 min
Business
Spirit Airlines Seeks Trump Administration Bailout to Avoid Liquidation
Spirit Airlines has asked the Trump administration for an emergency bailout to avoid liquidation amid surging jet fuel prices and mounting creditor...
Apr 18, 20264 min
Business
Southwest Airlines Weighs First Class Amid LCC Model Shakeup
Southwest Airlines considers first-class seating, ending its no-frills tradition as Spirit Airlines' bankruptcy highlights the low-cost carrier model...
Apr 16, 20265 min
Business
Spirit Airlines FLL Operations Collapse Amid Bankruptcy and Travel Chaos
Spirit Airlines' Fort Lauderdale hub collapsed during Spring Break, stranding thousands amid its Chapter 11 bankruptcy and federal staff shortages.
Mar 18, 20265 min
Business
Spirit Airlines to Cut Fleet by Two-Thirds in Bankruptcy Restructuring
Spirit Airlines will shrink its fleet to 76-80 aircraft, down from 214, as part of its Chapter 11 bankruptcy plan to slash debt and operating costs.
Mar 16, 20265 min
Business
Spirit Airlines Recalls 500 Pilots Amid Chapter 11 Restructuring
Spirit Airlines recalled 500 furloughed pilots to address high attrition as it prepares to emerge from Chapter 11 bankruptcy protection this summer.
Mar 12, 20265 min
Business