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What Spirit Airlines' Bankruptcy Means For Holiday Travelers
Spirit Airlines, the no-frills budget carrier, announced it would file for Chapter 11 bankruptcy a week before a record number of people are expected to fly during the Thanksgiving holiday, reports said.
The Florida-based airline announced Monday, Nov. 18, that its debt, growing losses, and increased competition have kept the company in the red for four years, and it would need to restructure its bills to keep it in the air, NBC News reported.
However, despite its financial troubles, the airline promised passengers they would not feel any of that pain in the air.
"Guests …
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media
A major tech outage is causing issues worldwide, including grounding flights.
Banks, stock markets, and media outlets are also being affected on Friday morning, July 19.
An update by cybersecurity technology company CrowdStrike appears to be the cause of device outages for millions of Microsoft Windows device users.
Several major US air carriers, including Delta, United, and Spirit are under a full ground stop, according to the FAA.
"Several airlines have requested FAA assistance with ground stops until the issue is resolved," the agency said.
Microsoft has said it is taking "mitigation …
No Freedom From High Gas Prices For Fourth Of July Travelers, AAA Says
With America on the mend from the COVID-19 pandemic, millions are expected to hit the road for the holiday weekend, though there will be no relief at the pump as gas prices remain sky-high.
Approximately 47.7 million Americans are expected to travel between Thursday, July 1, and Monday, July 5 - a dramatic upturn from a year ago - with more than 43 million expected to travel by car, despite elevated gas prices.
As of Wednesday, June 30, the average price per gallon at the pump nationally has hit $3.12 cents, up from $3.07 a week ago, $3.04 a month ago, and up nearly a dollar from $2.18 a ye…
