Low-Cost Airlines Plunge as Trump Team Prepares $500 Million Bailout for Spirit
The Trump administration is close to approving up to $500 million rescue financing for Spirit Airlines.
The Trump administration is close to approving up to $500 million rescue financing for Spirit Airlines.
United beat Q1 expectations with higher revenue, but fuel costs rose so it cut flights and lowered profit forecast.
JetBlue shares jumped after a report revealed the airline is exploring mergers with United, Southwest, or Alaska. What’s next after the failed Spirit deal?
United Airlines CEO Scott Kirby highlights how surging jet fuel prices after the U.S.-Israel strikes on Iran will impact earnings, yet passenger demand remains robust with new booking opportunities emerging.