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Spirit airlines
May 2nd, 2026 - 12:50 GMT
Osama Ali

Osama Ali

Spirit airlines sinks during bankruptcy rescue amid Iran war fallout

ALBAWABA - Rising jet fuel prices have caused Spirit Airlines to give up on its recovery plan and start shutting down after failing to get a last-minute loan. The airline confirmed that all flights would be canceled and customer service would be shut down as part of an organized liquidation process. The move comes after failed efforts to get out of its second bankruptcy. Even though a large group of ...
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The meeting was attended by Ambassador of Argentina to Qatar HE Carlos Hernandez as well as a number of Qatari businessmen and representatives of local companies specialized in these sectors. 
April 30th, 2019 - 09:33 GMT

Argentina Eyes Business Opportunities in Qatar

Boeing shareholders have filed a class action lawsuit against the aircraft maker, accusing it of withholding information on safety deficiencies in the 737 Max planes.
April 30th, 2019 - 08:38 GMT

Boeing Whistleblower Reports New Issue With 737 Max Planes

FAB during the first three months of 2019 has created a robust foundation for sustained growth momentum.
April 30th, 2019 - 08:09 GMT

FAB Posts Net Profit of $843 Million in Q1 2019

Microsoft will develop its existing AI programmes and frameworks to support the UAE's efforts to achieve the United Nations goals of sustainable development.
April 30th, 2019 - 07:58 GMT

Microsoft Explores Its Opportunities With UAE's Digital Transformation

The steep fall of the oil price on Friday was a reflection that OPEC does have the spare capacity to pump an extra 1.5 – 2 million bpd.
April 30th, 2019 - 07:48 GMT

Clarity on the Inconsistent Oil Market to Come in June

The fund’s revenues from various investments in 2018 grew by 22 per cent to reach JD439 million.
April 30th, 2019 - 07:44 GMT

Social Security Investment Fund’s Assets Exceeds $14 Billion in Jordan

Violators will face a fine of Dh100 for the first day, followed by a fine of Dh25 for every day of delay.
April 30th, 2019 - 07:30 GMT

UAE Warns Job Seekers on Six-Month Visa From Violating the Rules

US sanctions against Iran have denied its government more than $10 billion in oil revenue.
April 30th, 2019 - 07:18 GMT

IMF Projects Inflation to Reach 40 Percent in Iran Amid Tighter US Sanctions

Algeria has to do its best to avoid economic instability.
April 30th, 2019 - 06:48 GMT

IMF Urges Algeria to Cut Deficit, Reduce Reliance on Oil

Bahrain business delegation signs 12 pacts with French companies.
April 30th, 2019 - 06:29 GMT

Bahrain Signs $2 Billion Worth of Agreements With French Companies

Iran is set for a steep recession this year under the threat of “zero exports” of crude in accordance with US policies over Tehran’s nuclear program.
April 30th, 2019 - 05:28 GMT

Oil: A Blessing for Saudi Arabia, a Curse for Iran

Retail trade and construction confidence indices dropped to 90.6 points and 53.9 points.
April 29th, 2019 - 11:31 GMT

Economic Confidence Rises 3.4 Percent in Turkey

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