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 ...

The Philippine Air Force (PAF) on Thursday identified the six personnel who perished in the helicopter crash in Agusan del Sur while conducting ...

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

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

Scandinavian budget carriers Play and Braathens both left travelers across Europe stranded after abruptly shutting down all ...

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

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

Romulus — The No. 2 carrier at Detroit Metro Airport is in the midst of its second bankruptcy, shedding routes and furloughing employees as it scrambles for a way back to profitability. And while ...

(FOX40.COM) — The ultra-low-cost Spirit Airlines said on Thursday that it will furlough another 365 pilots in early 2026 in an attempt to save funds after filing for bankruptcy on Aug. 29 for the ...

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 ...

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 ...

MANILA, Philippines — Chinese coast guard ships used powerful water cannons on Sunday and rammed and slightly damaged an anchored Philippine government vessel off an island inhabited by Filipinos in ...