(Reuters) -Spirit Airlines has filed for bankruptcy protection, it disclosed on Monday, after the pioneer of no-frills air travel in the U.S. struggled with a long run of quarterly losses and significant debt. The airline’s woes deepened after the collapse of its $3.8 billion planned merger with JetBlue Airways in January and the impact of…
By Nate Raymond and David Shepardson (Reuters) -A U.S. appeals court on Friday held that a trial judge correctly found that American Airlines’ now-scrapped U.S. Northeast partnership with JetBlue Airways violated federal antitrust law. Siding with the U.S. Department of Justice, the Boston-based 1st U.S. Circuit Court of Appeals affirmed a trial judge’s ruling blocking…
In This Story This week promises to be exceptionally busy, with a blend of financial updates and festive celebrations. Investors are bracing for a flurry of major earnings reports, providing a crucial snapshot of how various sectors are navigating the current economic landscape. McDonald’s is facing its first lawsuit from the Quarter Pounder E. coli…