Spirit Airlines is reportedly in talks with investment firm Castlelake about a possible acquisition as the airline looks for a way forward amid bankruptcy and mounting financial pressure. Sources familiar with the situation told CNBC that Spirit’s board and bondholders are assessing Castlelake’s
Air India has reported it expects its largest annual financial loss since the Tata Group acquired the airline in 2022, with sources telling Bloomberg that the carrier could post losses of at least $1.6 billion for the fiscal year ending March 31, 2026. This represents a dramatic setback after
European online travel agency lastminute.com has officially launched its first Model Context Protocol (MCP) Server focused on flight content. Built by the company’s in-house teams, the server offers structured and secure API-level access to lastminute.com’s flight inventory for large language
American Airlines has released an update to its mobile app and website, adding new features aimed at helping passengers deal with flight disruptions more independently. Travelers gain more control during disruptions With the update, travelers affected by delays or cancellations are immediately
Japan’s tourism industry reached a milestone in 2025, welcoming 42.7 million international visitors over the year. This marked the highest annual total ever recorded and exceeded the previous peak of nearly 37 million arrivals in 2024. This achievement highlights how strongly inbound travel has
New York City Mayor Zohran Mamdani has announced a major consumer protection rule, eliminating hidden hotel fees and unexpected credit card holds. The new regulation is set to take effect on February 21, 2026, and represents one of the most comprehensive local efforts to address transparent hotel
United Airlines has confirmed that passenger bookings to Caribbean destinations declined following US military strikes on Venezuela and the temporary closure of Caribbean airspace in early January 2026. Widespread flight cancellations and delays The booking difficulties followed a wave of
Europe’s largest low-cost airline, Ryanair, has turned a technical disagreement with Elon Musk into a major media event, generating significant attention and what the airline describes as “free marketing.” The dispute started when Ryanair CEO Michael O’Leary publicly rejected the installation of
United Airlines has released its financial results for the fourth quarter and full year of 2025, reporting its highest annual revenue on record, supported by increased capacity and ongoing investments in operations and customer experience. Fourth quarter 2025 financial results Revenue reached
Korean pop group BTS has confirmed a global tour scheduled for 2026–27, and the reaction from its fan base was instant. The announcement quickly drove a surge in online searches for destinations linked to the tour, signaling a powerful ripple effect on future travel demand. The tour will run from
Spanish online travel agency Destinia has acquired two UK-based OTAs, Travel Republic and Netflights. The deal marks Destinia’s official entry into the British travel market, which the company has long viewed as challenging for non-UK players due to intense competition and high customer service
Airports Council International Europe (ACI Europe) has criticized France’s transport regulator, the Autorité de Régulation des Transports (ART), for rejecting a proposed increase in airport user charges submitted by Groupe ADP. Proposal details The proposal covered the Paris region’s main