Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
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JetBlue has taken delivery of a new Airbus A220-300, reinforcing its commitment to fleet modernization and enhanced passenger experience. The aircraft, listed under manufacturer serial number (MSN) 55360, is powered by Pratt & Whitney PW1524G-3 engines, part of the advanced geared turbofan (GTF) family.
Azimuth Airlines, a regional carrier based in Russia, has received approval to operate new international routes. The airline will connect Sochi and Mineralnye Vody with Riyadh and launch a route from Mineralnye Vody to Karshiusing the SJ-100 (Sukhoi Superjet 100). These approvals mark a significant milestone for Azimuth as it expands its network into the Middle East and Central Asia, catering to increasing demand for…
JetSMART, the Chilean ultra-low-cost carrier, has added a new Airbus A320neo to its fleet with the delivery of serial number 12514. The aircraft is powered by PW1127G-JM engines from Pratt & Whitney and was acquired on lease, supporting JetSMART’s ongoing fleet expansion across South America.
Fitch Ratings has downgraded the long-term credit rating of Spirit Airlines from ‘CCC’ to ‘CC’, signaling heightened financial distress and the likelihood of a near-term default. This latest downgrade places Spirit Airlines below other low-cost carriers (LCCs) in North America, reflecting concerns about the airline’s financial stability.
Starting December 16, 2024, Avianca will introduce a daily direct flight from Bogotá, Colombia, to Havana, Cuba, aiming to boost tourism and cultural connectivity between the two nations. The route, operated by A320 family aircraft, is expected to provide over 2,500 seats weekly, accommodating both leisure and business travelers. This new service allows easier access…
Transavia (Netherlands) is set to further enhance its European network by launching a new route connecting Amsterdam Schiphol Airport to Skopje International Airport. This new service is scheduled to commence on March 2, 2025.
