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

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.

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.

Spirit Airlines has rejected a merger offer with Frontier as it prepares to exit bankruptcy.

Spirit rejected the proposal as it would not provide the anticipated shareholder value and raised concerns over the timing and successful completion of the deal.

Spirit Airlines said in regulatory filings Wednesday that it is rejecting the latest merger offer from Frontier Airlines, and will instead continue with its bankruptcy restructuring plan.