Aviation Paper

S&P Downgrades JetBlue’s Credit Rating

Skift Take JetBlue’s credit rating was downgraded as the carrier struggles to return to profitability. Meghna Maharishi S&P Global Ratings downgraded JetBlue’s credit rating from a B+ to a B Thursday, citing financial performance that had “weakened considerably.”  The rating agency pointed to higher operating costs, moderating demand, and elevated debt levels. It noted the […]

Spirit Airlines CEO Fires Back at Bankruptcy Talk

Skift Take Spirit CEO Ted Christie described speculation about Spirit’s ability to survive as “a misguided narrative.” Meghna Maharishi It’s been a rough few years for Spirit Airlines.  There hasn’t been much demand for the airline’s product. Pratt & Whitney geared turbofan engine issues have grounded several of its planes. It has had years of […]

Chinese Travelers Thinking Less of European Destinations

Skift Take Today’s podcast looks at Boeing’s bolt-less door plugs, Frontier’s path to more profitability, and Chinese travelers cooling on Europe. Rashaad Jorden Good morning from Skift. It’s Wednesday, February 7. Here’s what you need to know about the business of travel today. Listen Now 🎧 Subscribe Apple Podcasts | Spotify | Overcast | Google Podcasts | Amazon Podcasts Episode Notes A preliminary […]