Spirit Airlines, the U.S.-based ultra-low-cost carrier, has announced that CEO Ted Christie is stepping down from his role. While a formal search is underway for his successor, the company has established an interim office of the CEO to manage day-to-day operations and executive oversight.
Southwest Airlines has announced plans to end its fuel hedging policy, marking a major shift in the airline’s financial strategy. The carrier has been one of the few remaining US airlines actively engaged in the oil derivatives market, historically using fuel hedging as a key tool to protect against fuel price volatility.
Southwest Airlines (US) has formally become a member of the International Air Transport Association (IATA), strengthening its global industry presence and alignment with international aviation standards. This move allows Southwest to collaborate more closely with global carriers, access industry best practices, and enhance operational efficiency.
Southwest Airlines (US) has announced that Ryan Green, EVP & Chief Transformation Officer, has decided to step down from his role, effective 01 April 2025. His departure marks a significant change in the airline’s leadership teamas the company continues its strategic transformation efforts.
Southwest Airlines (US) is implementing a 15% reduction in corporate jobs as part of a cost-cutting initiative, with projected savings of $210 million in 2025 and $300 million in 2026. This move reflects the airline’s focus on operational efficiency and long-term financial sustainability.
Southwest Airlines (US) has announced its financial results for 2024, reporting a net income of $465 million, driven by operating revenues of $27.5 billion. The airline ended the year with $9.7 billion in liquidity, reinforcing its strong financial position despite ongoing industry challenges.
JetBlue (US) has outlined its fleet expansion and modernization plans for 2025, expecting to take delivery of 24 new aircraft throughout the year. The airline will receive 20 Airbus A220s and four A321neos, marking a continued transition toward a more efficient and streamlined fleet.
JetBlue (US) is bracing for a peak in aircraft on ground (AOG) levels within the next one to two years as it continues to deal with the Pratt & Whitney GTF engine issues affecting its fleet. CFO Ursula Hurley has stated that the airline expects the number of grounded aircraft to rise into the mid-to-high teens in 2025, further stressing JetBlue’s operational and financial outlook.
JetBlue Airways has announced its financial results for 2024, reporting a net loss of $795 million as revenues fell by 3.5% to $662 million. The airline faced challenges throughout the year, including declining demand and operational pressures.
Delta Air Lines is making significant adjustments to its fleet strategy for 2025. Following the retirement of just over 20 aircraft in 2024, the airline anticipates phasing out an additional 30 aircraft next year. At the same time, Delta plans to bolster its operations with the delivery of 40+ new aircraft, of which 12 to 13 will be widebody models, including Airbus…
