From FedEx to airlines, companies are starting to lose their pricing power
Faced with weakening demand, price-sensitive consumers and easing inflation, some sectors are now forced to grow profits without the tailwind
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Spirit Airlines Inc
Alaska-Hawaiian merger faces a Justice Department that has been skeptical of airline deals
The Justice Department has challenged a host of deals, including two airline partnerships in recent years. Source link
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Spirit Airlines offers buyouts to salaried employees to cut costs
Spirit is facing financial strain from weaker off-peak demand and Pratt & Whitney engine groundings. Source link
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$29 flights are back as airlines race to fill seats in the off-season
Airlines have cut fares on many routes to fill seats as capacity rises during the off-season. Source link
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Stocks making the biggest moves midday: Pinterest, Caterpillar, JetBlue, Chegg and more
These are the stocks posting the largest moves in midday trading. Source link
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As the market enters correction territory, don’t blame the American consumer
From Amazon to auto sales and new homes, the consumer is spending more and holding up better than the market
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Spirit Airlines halts new pilot, flight attendant training after difficult quarter, Pratt engine issue
A Spirit Airlines memo said new pilot and flight attendant training would be suspended next month "until further notice." Source
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United Airlines says pricier fuel, war in Middle East will weigh on profits
United Airlines said higher fuel costs and its halt of service to and from Tel Aviv will cut into its
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JetBlue raises flight attendant pay, union agrees to support merger with Spirit
JetBlue is raising flight attendant pay by 5% while union agreed to support the airline's acquisition of budget carrier Spirit.
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