airline industry
Spirit Airlines Faces Turbulence Amid Bankruptcy and Route Cuts
Spirit Airlines has filed for bankruptcy, resulting in the cancellation of 11 U.S. routes, signaling a critical juncture for the budget airline. Meanwhile, competitors like Frontier Airlines are expanding aggressively.
Wizz Air Shares Plunge 27.7% Amid Increased Trading Volume
Wizz Air’s stock fell 27.7% on Thursday, with trading volume spiking 521% above average. Analysts remain optimistic despite market turbulence.
British Airways Crew Member Suspended for Mid-Flight Incident
A British Airways flight attendant was suspended after allegedly dancing naked in a business class lavatory mid-flight, prompting a police investigation.
Domestic Airfare Drops Amid Weakening U.S. Travel Demand
U.S. domestic airfare fell as airlines face slowing demand, economic uncertainty, and reduced corporate travel.
