Spirit Airlines, Inc. (SAVE)

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Spirit Airlines reached a deal with Airbus jetliners selling 20 aircrafts to the airline, while some flight attendants will be recalled amid the furloughs from last year.

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Spirit Airlines could potentially avoid filing for Chapter 11 bankruptcy.

The company has previously furloughed about 330 pilots and plans to furlough another 270 pilots in November.

At the start of 2025, roughly 200 Spirit employees were laid off during the airline's early exploration into escaping bankruptcy.

United's CEO Scott Kirby has been a vocal critic of the business model of no-frills airlines and has repeatedly questioned their viability.

Spirit Airlines' prospects are so dire that a rival carrier explicitly talked about its potential demise when announcing targeted new routes.

The carrier, recognizable by its bright yellow jets, has struggled to steady operations since emerging from its first bankruptcy in March.

Fewer people are booking leisure trips and tough competition from other carriers are making it hard to hit the money targets, the airline said.

Spirit Airlines' efforts honor service members by enhancing access to legacy programs DANIA BEACH, Fla., May 22, 2025 /PRNewswire/ -- Spirit Airlines (NYSE American: FLYY) continues to deepen its support for veterans and military families through the Spirit Charitable Foundation's  new and ongoing nonprofit partnerships that uplift U.S. service members and their loved ones.

U.S. spirits exports reached a record $2.4 billion, up 10% compared with 2023. Exports to the European Union increased 39%, driven in large part by uncertainty around tariffs.

The transition comes as the Florida-based low-cost carrier continues to grapple with financial woes and ongoing restructuring efforts.

First-of-its-kind, proactive peak load shifting and shaping program will dispatch residential home batteries and leverage smart home electrical panels to enhance local grid reliability OAKLAND, Calif. , March 24, 2025 /PRNewswire/ -- Pacific Gas & Electric Company (PG&E) today announced the launch of Seasonal Aggregation of Versatile Energy (SAVE), an Electric Program Investment Charge (EPIC) demonstration and a first-of-its-kind virtual power plant (VPP) that harnesses residential distributed energy resources to reduce local grid constraints.

The return to trading of Savannah Energy PLC (AIM:SAVE) after a two-year suspension was flagged by house brokers Cavedish and Shore Capital on Tuesday. Cavendish reinstated its target price of 51.5p, a 96% premium to the suspension price.