Spirit Airlines ($SAVE) announced its Q4 and whole-year revenue on Monday, Feb. 6. The carrier lost a reported $270.7 million for the 4th quarter, a net loss of $2.46 per share. The adjusted net income (ANI) for Q4 was a mere $12.6 million, or $0.12 per share. The adjusted operating margin was just 4% for Q4.
American has stated it will match Delta's new pay scale for its pilots, which would include a 40% pay bump over a 4-year deal per AAL's CEO. Delta recently became the first major U.S. airline to reach
The German airline has placed an order for widebody aircraft with both Boeing and Airbus. The Airbus order entails 10 A350-1000s and 5 A350-900s. Boeing's order docket shows a total of 7 787-9's being
The agreement, settled on Mar. 2, will have Delta pilots seeing a 34% pay raise over 4 years, breaking down to 18% upon signing, 5% in 2024, and 4% in 2025/2026. A preliminary agreement was reached in