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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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Rents declined by 10-15 per cent in 2018 compared to 2017. (Shutterstock)
March 21st, 2019 - 09:38 GMT

Declining Expat Numbers Affects Oman's Rental Market

Small-scale development was evident in the fields of market sophistication, infrastructure, institutions, and business sophistication categories, according to Enterprise.
March 21st, 2019 - 08:46 GMT

Egypt Soars 10 Places in the 2018 Global Innovation Index

The recessionary indicators are numerous. (Shutterstock)
March 21st, 2019 - 08:40 GMT

Opinion: The Snowball Effect of the Coming Recession


Mazen Tarazi (Twitter)
March 21st, 2019 - 08:33 GMT

Syrian Businessman Linked to Assad Arrested in Kuwait

The net flow as a percentage of assets for Saudi Arabia funds increased by about 48 percent this year. (Shutterstock)
March 21st, 2019 - 08:27 GMT

Global Exchange Funds Build Cash Piles to Place in Saudi Arabian Equities

The streaming giant will continue to tighten its grip and make more shows available in the region, the CEO said. (Shutterstock)
March 21st, 2019 - 06:00 GMT

Netflix to Expand Its Audience in the Region

Amman, Jordan (Shutterstock)
March 21st, 2019 - 05:00 GMT

Jordan’s Public Debt Exceeds $40 Billion

Money laundering, bribery and corruption were identical at around 12 per cent. (Shutterstock)
March 20th, 2019 - 07:00 GMT

Survey: 44 Percent Have Fallen Victim to Financial Crime

The French capital was the only eurozone city in the top 10, rising from second most expensive last year and from seventh position two years ago. (File/Photo)
March 20th, 2019 - 11:28 GMT

These Are the Three Priciest Cities in the World

A new government grant of up to BD5,000 is available for enterprises wishing to develop in Bahrain. (Shutterstock)
March 20th, 2019 - 08:48 GMT

Over $13,000 Grant for Businesses Wishing to Develop in Bahrain

Tourist visit visas will be valid for three months and given to Europeans and resident expats’ wives and children. (Shutterstock)
March 20th, 2019 - 08:41 GMT

Kuwait Determines Your Visit Visa Duration Based on the Financial Status of Your Host

The Iranian authorities are negotiating a financial and monetary agreement with China on using local currencies in bilateral financial transactions. (Shutterstock)
March 20th, 2019 - 08:32 GMT

Iran, China Mull Using Local Currencies in Financial Transactions

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