Tag: Spirit Airlines

Spirit 1Q Net Profit Down 10%; Scraps A319 Retirement Plans

Reading Time: 2 minutes Florida-based ultra low-cost carrier (ULCC) Spirit Airlines reported a first-quarter net profit of $61.9 million, down 10.1% from net income of $69 million in the 2015 March quarter, as the airline continues to make adjustments under a new CEO. Spirit’s first-quarter operating revenue rose 9.1% year-over-year to $538.1 million while expenses increased 13.7% to $436.8 […]

Jet Metal Signs Definitive Agreement To Create New Canadian Airline

Reading Time: 2 minutes Jet Metal Corp. announced that further to the news release by the company on Feb. 17, 2016, Jet Metal has now entered into a definitive agreement with Canada Jetlines Ltd. with respect to a business combination of Jetlines and Jet Metal. Jetlines is a start-up airline aiming to become Canada’s first ultra-low cost carrier (ULCC). […]

Airline Routes April, 2016

Reading Time: < 1 minute WestJet begins seasonal Boeing 737 services with 4X-weekly Halifax-Vancouver June 30 and 4X-weekly Halifax-Winnipeg July 2. V Air began Taipei TPE-Ibaraki service March 15. V Air’s also began 4X-weekly Manila-Taipei service. UPS added a new sorting facility and expanded its existing building at Ontario International Airport, Calif. The new building will process UPS next day […]