Tag

Low Cost Travel

All articles tagged with #low cost travel

business1 year ago

Allegiant Air Unveils Major Expansion with 44 New Routes and 3 Cities

Allegiant Travel Company has announced a major expansion with 44 new nonstop routes, including service to three new cities: Gulf Shores, Alabama; Colorado Springs, Colorado; and Columbia, South Carolina. This expansion, one of the largest in the company's history, aims to provide affordable travel options to 51 cities across the U.S. with fares starting as low as $39. The move is driven by strong leisure demand and Allegiant's commitment to offering ultra-low-cost airfare to underserved communities.

business-aviation2 years ago

"JetBlue-Spirit Deal Fallout: Spirit Airlines Faces Uncertain Future Amid Debt Refinancing Efforts"

Spirit Airlines denies planning for bankruptcy-driven restructuring despite reexamining its balance sheet following the collapse of a planned sale to JetBlue Airways. The carrier is taking steps to ensure the strength of its finances and ongoing operations, including weighing bond restructuring options and completing a sale-leaseback of aircraft. Speculation about bankruptcy reorganization or liquidation has arisen among Wall Street analysts, but Spirit and JetBlue have not announced a decision on a possible appeal of the court ruling blocking the deal.