Dossier
low-cost carrier
Coverage of low-cost carrier in the Nexus archive.
- Wizz Air swings to loss as Iran conflict drives up jet fuel costs
Wizz Air, a low-cost carrier, reported losing almost €200mn between April and June. The financial setback is attributed to increased jet fuel costs, which were driven up by the Iran conflict.
- Spirit Airlines ceases operations after escalating financial struggles
Spirit Airlines has ceased operations due to ongoing financial struggles. The airline had sought a $500 million financial rescue from the White House, but negotiations did not result in a deal.