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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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Muscat, the capital of Oman. (Shutterstock)
March 27th, 2017 - 12:30 GMT

Oman, Iran ink agreement to boost trade, financial cooperation

A drone. (File photo)
March 27th, 2017 - 11:57 GMT

Middle East’s first drone factory to open in.. Saudi Arabia

Jordanian investments in Saudi Arabia amount to $2 billion. (AFP/File)
March 27th, 2017 - 11:03 GMT

Jordan, Saudi Arabia launch fund to boost trade, investment

The Central Bank of UAE. (File photo)
March 27th, 2017 - 09:03 GMT

UAE federal budget surplus up 130 percent in 2016

You can't say that we haven't warned you. (Pixabay)
March 27th, 2017 - 08:00 GMT

Hefty fines await people who litter in Oman

A free trade agreement between the UK and the GCC states is on the agenda. (File photo)
March 27th, 2017 - 07:18 GMT

UK eyes $6.5B investments from Qatar, GCC as Brexit approaches

Port of Beirut. (File photo)
March 27th, 2017 - 07:02 GMT

Brazilian meat scandal: Lebanon says it is free of rotten meat

Only residents with alcohol licenses are allowed to make purchases at the shop, with each given a monthly allowance calculated based on their wages. (File photo)
March 27th, 2017 - 05:00 GMT

Qatar Distribution Company urges consumers to buy alcohol ahead of new tax

Major terror attacks have had variable degrees of impact on stock markets worldwide. (File photo)
March 26th, 2017 - 06:00 GMT

Stock markets suffer fluctuations after London terrorist attack: Analysts

Real estate remains a major pillar of Lebanon’s economy. (File photo)
March 26th, 2017 - 05:00 GMT

Real estate market in Lebanon growing slowly, but steadily: Report

The UAE has taken precautionary measures on imported food products from Brazil. (Shutterstock)
March 26th, 2017 - 04:00 GMT

Meat prices in UAE to go up after Brazilian meat ban

Quriyat, Oman. (Shutterstock)
March 26th, 2017 - 03:00 GMT

Oman plans multimillion-dollar tourism complex in coastal city

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