Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines and Frontier Airlines expanded aggressively over the last decade offering travelers no-frills service in exchange for ultra-low airfares. Their executives vow to keep it that way, even if the carriers complete their … Read more
Take a look at some of the biggest movers in the pre-market: Spirit Airlines (SAVE) – Spirit rose 11.4% in the advance market after announcing that it would buy rival Frontier Airlines in a $ 6.6 billion stock swap deal including assumed debt. Shares in Frontier’s parent company Frontier Group (ULCC) fell 2.4 percent. Peloton … Read more
Delta Airlines and an American Airlines plane taxi away from their gate ahead of the Thanksgiving holiday at Logan International Airport in Boston, Massachusetts, US, November 22, 2021. Brian Snyder | Reuters Airlines canceled more than 300 flights on Sunday as disruptions from the ommicron variant of Covid-19 continued to affect crews and staff. Since … Read more