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Spirit Airlines files for second bankruptcy in a year

US no-frills pioneer Spirit Airlines has filed for bankruptcy protection for the second time in a year after a previous reorganisation failed to put it on firmer financial footing.

Business • 01 Sep

The economic downturn is creating headwinds for major US airlines, including American Airlines

American Airlines pulls 2025 forecast on Trump tariffs

American Airlines withdrew its 2025 financial forecast today, mirroring its peers, as concerns over discretionary budget amid tariff pressures and government spending uncertainties hinder carriers' ability to predict travel demand.

Business • 24 Apr

Delta Air Lines' shares have lost 41% this year and are down 50% from their 52-week high

Delta's profit outlook dims as tariffs hit travel demand

Delta Air Lines has today forecast a lower-than-expected profit in the current quarter, saying travel demand has "largely stalled" due to economic uncertainty caused by US President Donald Trump's sweeping tariffs.

Business • 09 Apr

Shares of America Airlines, United Airlines and Delta all fell today

'Big Three' US airline stocks tumble on lower forecasts

More US airlines cut their earnings estimates today, following a similar announcement from Delta Air Lines, saying mounting economic uncertainty has led to a pullback in corporate and consumer spending.

Business • 11 Mar

Spirit, the pioneer of no-frills travel in the US, has struggled with a long run of quarterly losses and significant debt

Spirit Airlines files for bankruptcy protection

Spirit Airlines has filed for bankruptcy protection, it said today, after the pioneer of no-frills travel in the US struggled with a long run of quarterly losses, failed merger attempts and looming debt maturities.

Business • 18 Nov 24

Hawaiian Airlines is the 10th-largest carrier in the US

Alaska Airlines completes $1.9 billion deal for Hawaiian

Alaska Airlines said today it had completed its $1.9 billion acquisition of Hawaiian Airlines after reaching an agreement with the US Department of Transportation.

Business • 18 Sep 24

American Airlines shares were down nearly 8% in premarket trading today

American Airlines shares sink on Q2 profit forecast cut

Shares of American Airlines slumped today after the carrier cut its profit forecast for the current quarter, citing weakening pricing power despite expectations for record travel demand in the summer season.

Business • 29 May 24

United Airlines, a prominent customer of Boeing, has been hit by the planemaker's safety crisis

United Airlines post smaller than expected Q1 loss

United Airlines Holdings last night forecast stronger-than-expected earnings in the current quarter, after reporting a narrower-than-expected loss in the first quarter, on robust demand for travel.

Business • 17 Apr 24

Without the JetBlue deal, Spirit - the seventh-largest US carrier - faces a rough road ahead

JetBlue, Spirit Airlines call off $3.8 billion merger

US low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8-billion merger agreement today, seeing no path forward after a judge blocked the deal in January on anti-competition concerns.

Business • 04 Mar 24

The tie-up with Hawaiian would give Alaska Air, valued at $5.1 billion, control of more than 50% of the market for Hawaii flights

Alaska Air to buy peer Hawaiian for $1.9 billion

Alaska Air Group is to acquire Hawaiian Holdings for $1.9 billion, including debt, placing a bet on a troubled airline with lucrative routes as US antitrust regulators fight consolidation in the sector.

Business • 04 Dec 23

United Airlines said capacity for the second quarter would fall at least 46% compared to 2019, hurt by fewer flights to India and Israel

United Airlines sees smaller unit revenue decline

United Airlines Holdings has today forecast a smaller fall in second-quarter unit revenue and core margins, and said it expects domestic leisure yields for summer travel to exceed 2019 levels.

Business • 25 May 21

Southwest Airlines said that improving demand for leisure travel was expected to more than offset higher fuel prices

Southwest Airlines trims Q2 cash burn forecast

Southwest Airlines has today trimmed its average core cash burn forecast by $1m a day for the second quarter, as improving demand for leisure travel is expected to more than offset higher fuel prices.

Business • 19 May 21

Southwest said its October operating revenue fell 65%, compared to its expectations of a 65% to 70% drop

Southwest Airlines says revenue improvement loses steam

Southwest Airlines said an improvement in revenue seen in the past few months was losing steam in recent weeks amid surging Covid-19 cases in the US.

Business • 12 Nov 20

Atlanta-based Delta swung to a $534m net loss in the first quarter that ended March 31

Delta posts first quarterly loss in nine years

Delta Air Lines today reported its first first-quarter loss in nine years and forecast a 90% decline in second-quarter revenue as the coronavirus crisis devastates air travel demand.

Business • 22 Apr 20

Lufthansa - a big critic of state aid in the past - has gone looking for help from the German government

Consolidation likely as airlines face big bills

A number of European airlines will be '"buried" if they have to adhere to European Union rules around refunds.

Business • 31 Mar 20

US airlines