The most visible casualty in the budget space is Spirit Airlines. It has filed for bankruptcy twice in the past 18 months, ...

While some prominent industry voices have written off the low-cost carrier (LCC) model as fundamentally broken, IATA director general Willie Walsh maintains that discounters are proving the model’s ...

United Airlines CEO Scott Kirby criticized the budget airline model in a recent interview. Speaking at The Wall Street Journal's "Future of Everything" event, Kirby said the model was "dead." His ...

United Airlines CEO Scott Kirby told The Wall Street Journal in an interview on Thursday the budget airline model is dead, adding that these “crappy” models “screw the customer.” Kirby’s interview was ...