Airlines

Spirit Airlines Files for Chapter 11 Bankruptcy

Spirit Airlines has filed for Chapter 11 bankruptcy, citing major financial struggles after failed mergers and increased competition in the airline industry.

Elliott Investment Management Takes $2 Billion Stake in Southwest Airlines

Elliott Investment Management wields influence at Southwest Airlines, prompting potential shifts in strategy and governance, affecting investors.

Boeing Reports Better-than-Expected Cash Burn in Q1

Boeing's Q1 cash burn of $3.93B beats expectations, signaling improvement. Investors monitor recovery progress and regulatory oversight.