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Tuesday, mar 18
Tag:
Frontier Airlines
Business
Spirit Airlines Exits Bankruptcy After Slashing $795M In Debt, Cutting Jobs
Spirit Airlines has flown past its financial turbulence, as the budget airline exits bankruptcy after shedding nearly $800 million in debt, officials said. Spirit has ended its financial restructuring process, the airline said in a news release on Wednesday, Mar. 12. The Dania Beach, Florida-based company filed for Chapter 11 bankruptcy in November 2024. The airline has finalized a plan that eliminates $795 million in funded debt and it also received $350 million in equity investments. "We're pleased to complete our streamlined restructuring and emerge in a stronger financial position…
Business
Frontier Proposes Another Airline Merger With Spirit: Here's How Spirit Responded
Frontier Airlines and Spirit Airlines have discussed a merger yet again, but Spirit rejected the bid in order to pursue a plan to exit bankruptcy on its own. Frontier confirmed the latest merger discussion in a news release on Wednesday, Jan. 29. Spirit also confirmed the talks in a regulatory filing on the same day. The deal first proposed on Tuesday, Jan. 7, offered $400 million in debt and a 19-percent stake in Frontier to Spirit shareholders. Frontier argued the merger would create a stronger low-cost airline while providing more value than Spirit's existing Chapter 11 ba…
Business
Southwest Airlines Sued, Frontier Fined For Chronic Flight Delays: Feds
The federal government is suing Southwest Airlines and fined Frontier Airlines, accusing the carriers of illegally operating multiple chronically delayed flights and causing significant problems for travelers. The U.S. Department of Transportation filed a lawsuit against Southwest on Wednesday, Jan. 15, the DOT said in a news release. The suit filed in the U.S. District Court for the Northern District of California seeks maximum civil penalties against the airline. Federal regulators said they're cracking down on "unrealistic scheduling practices" by Southwest. "Airlines have a l…
Lifestyle
Frontier Adds Another New Nonstop Flight From
Bwi-m
arshall Airport
Frontier Airlines is adding a new nonstop flight to Dallas-Forth Worth from Baltimore-Washington International Thurgood Marshall Airport, reports WBAL TV. The addition is the eighth destination for the airline from the Baltimore area airport, and one of many new flights added to BWI this year. Three new airlines have also been added to BWI, the outlet continues. Frontier will begin the new Texas flights on May 21, with four flights per week. To read the full story by WBAL TV, click here.
News
Travelers Should Expect Big Changes at Reagan National Airport Soon
Major updates are coming to Ronald Reagan Washington National Airport this week that will change how travelers find their gates. Officials will install new signage throughout the airport beginning on Saturday, June 4, as a way to make navigating the terminals, parking decks, and new facilities easier. Airport authorities said they will roll out the changes over the next week. The airport released this timetable: Saturday — New directional signs will go up around the airport to lead passengers to their gates. Sunday, June 5 — Airlines will switch over to using the new sig…
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