Spirit Airlines explores a private equity takeover as it struggles to avoid another bankruptcy amid ongoing financial ...

Castlelake’s aviation track record centers on asset-backed investing and credit. In August 2025, the firm launched Merit AirFinance, an aviation lending platform that can deploy more than US$1.8 ...

Spirit Airlines is reportedly in talks with investment firm Castlelake over a potential takeover as the carrier seeks a path ...

This proposed acquisition has a number of potential implications for Spirit.

Citadel co-founder Ken Griffin on Wednesday blamed the Biden administration for the rejected JetBlue merger and its impact on ...

A struggling budget airline may soon be sold. That’s the word from CNBC, which reported Thursday that Spirit Airlines is in ...

Allegiant Air and Sun Country Airlines have announced a merger, marking that the first major consolidation in the US low-cost ...

The airline said it will remove one row of seats from select aircraft, restoring previous legroom after passenger feedback.

United's roughly 28,000 flight attendants haven't seen a raise since 2020. Allegiant's new contract has now outpaced United ...

Allegiant's acquisition of Sun Country could broaden destination offerings and international access, but labor negotiations ...

Kona’s projected maximum takeoff weight (MTOW) of 19,000 pounds would place it near the FAA’s Part 23 limit, Matyushev said.

Whereas Frontier and Spirit, which is in the midst of a Chapter 11 restructuring, have high aircraft utilization—often flying ...