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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 …
Cybersecurity Issue Hits Stop & Shop, Hannaford, Other Supermarkets, Parent Company Says
A cybersecurity “issue” has led the parent company of a supermarket chain to disconnect some systems to protect them.
Ahold Delhaize USA said it recently detected a cybersecurity issue within its US network.
"Immediately upon detecting the issue, our security teams began an investigation with the assistance of external cybersecurity experts," the company said. "We also notified law enforcement."
The move affects:
Stop & Shop, which has around 400 locations in New England, New York, and New Jersey;
Hannaford, with stores in eastern upstate New York and New England;
Giant Company, with…