Spirit Airlines has reached a compensation agreement for aircraft grounded due to geared turbofan (GTF) engine issues.

Pratt & Whitney has reached another agreement to provide financially struggling US discount carrier Spirit Airlines with ...

Spirit Airlines (NK, Fort Lauderdale International) has reached a monthly credit agreement with International Aero Engines ...

Spirit has entered an agreement that will provide compensation for the aircraft it has been forced to ground due to problems ...

Spirit Airlines has secured a compensation package from Pratt ... On 26 March, the carrier entered into an agreement with P&W affiliate International Aero Engines to provide Spirit a monthly ...

Spirit Airlines said Monday that it is delaying ... Spirit has already entered into a compensation agreement with Pratt & Whitney regarding its GTF engines, which is also slated to improve ...

Spirit Airlines is expecting to receive anywhere ... quarter earnings call that the carrier had been working on a compensation agreement with Pratt & Whitney. The compensation could offer Spirit ...

JetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge ... Spirit expects compensation from the engine-maker as a result of the flaw. With the deal off ...

If approved, the two-year agreement would become effective on Jan. 1. Spirit had no immediate additional comment. Spirit and JetBlue are operating as separate competing airlines until after their ...

Spirit Airlines hopes to finalize the new base ... Spirit estimated the compensation agreement with Pratt & Whitney would improve its liquidity by between $150 million and $200 million.