Spirit Inks Deal With Airbus To Defer All 2025-26 Deliveries Of Aircraft Orders By Five Years

Spirit Airlines Files For Chapter 11 Bankruptcy Protection; Stock Drops

Spirit Airlines, Inc., amid struggles with mounting losses and debt, has filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of New York. The restructuring is expected to reduce Spirit's debt and provide increased financial flexibility. In an open letter to all Spirit Guests, the company called the process a proactive step to position it...

RTTNews | 36日前

Cathay Pacific Begins A350 Fleet Inspection Following Engine Failure Incident

https://www.cathaypacific.com/cx/en_HK/prepare-trip/travel-advisories/a350-fleet.html

RTTNews | 112日前

Airbus Wins $24 Bln Order From Cebu Air For Up To 152 Aircraft

Aerospace major Airbus SE has received a $24 billion order from Philippines' budget airline operator Cebu Air Inc. for upto 152 A321neo aircraft. In a filing with the Securities and Exchange Commission, Cebu Air, which operates as Cebu Pacific, announced that it has signed a binding Memorandum of Understanding or MOU with Airbus for the aircraft purchase.

RTTNews | 175日前

Spirit Aero Stock Up As Boeing To Buy Majority Stake, Airbus Select Assets

Aerospace and defence major Boeing Co. has agreed to buy majority of its key supplier Spirit AeroSystems in an all-stock deal at an equity value of around $4.7 billion, or $37.25 per share. The total transaction value is around $8.3 billion, including Spirit's last reported net debt. Boeing's acquisition will include substantially all Boeing-related commercial operations...

RTTNews | 176日前

Spirit Airlines CFO Scott Haralson To Depart; Names Brian McMenamy Interim CFO

Spirit Airlines (SAVE) announced Monday that Brian McMenamy, Vice President and Controller, has been named as Interim Chief Financial Officer, effective June 14, 2024.

RTTNews | 204日前

Spirit Airlines Q4 Loss Narrows; Tops Estimates

Spirit Airlines, Inc. (SAVE) reported Wednesday a net loss for the fourth quarter of $183.65 million or $1.68 per share, narrower than $270.66 million or $2.49 per share in the prior-year quarter.

RTTNews | 320日前

Airbus Says Leasing Company Avalon Inks Firm Order For 100 A321neo Aircraft

Airbus SE (EADSF.PK) announced Tuesday that aircraft leasing company Avolon (AVOL) has signed a firm order for 100 A321neo aircraft, taking its total order for the A321neo to 190 aircraft. The agreement secures Avolon's delivery pipeline for the world's preferred single aisle Family.

RTTNews | 378日前

Ethiopian Airlines Inks MoU For 11 Additional Airbus A350-900s

Ethiopian's flagship carrier Ethiopian Airlines Group announced Wednesday it has signed a memorandum of understanding (MoU) for 11 additional Airbus A350-900s to be added to its existing fleet.

RTTNews | 405日前

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