Under Chapter 11, companies can renegotiate or even exit contracts that are too expensive. Philippine Airlines consensually ...

BETWEEN 2005 and 2025, the Philippines’s tourism and aviation industries evolved from fragmented growth to integrated engines ...

Philippine Airlines relaunches Mabuhay Magazine after five-year hiatus, inspiring a new generation of travelers as the ...

Spirit Aviation Holdings Inc. is cutting 150 roles in both corporate and operational positions as it seeks to emerge from its ...

Spirit Airlines will exit five cities in January, the latest cuts from the bankrupt carrier.

Apollo-backed Grupo Aeromexico's shares rose 0.84% in their New York Stock Exchange debut on Thursday, valuing the Mexican airline at nearly $2.8 billion almost four years after emerging from ...

For decades, airlines defined the way people saw the world and themselves. They helped shape careers, carry families home, and bring glamor to the skies.

Spirit Airlines (OTC:SAVEQ) dropped plans to purchase 52 Airbus (OTCPK:EADSF) (OTCPK:EADSY) jets, along with options for 10 more, as part of a bankruptcy settlement with aircraft leasing giant AerCap ...

Spirit Airlines won approval for a $475 million lifeline and a $150 million payment in bankruptcy court, granting some relief as the budget airline struggles to stabilize itself after its second ...

MYRTLE BEACH — Six years ago, Spirit Airlines travelers accounted for half of the passengers at Myrtle Beach International Airport. Today, it’s down to about 25 percent, though Spirit remains the ...

Struggling low-cost carrier Spirit Airlines secured a major victory in bankruptcy court on Friday as it continues its latest Chapter 11 restructuring process. The court officially awarded the airline ...

Spirit Airlines won court approval for $625M in new financing to stay afloat during its second bankruptcy since November. The carrier is cutting routes, rejecting leases, and seeking labor savings ...