Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek 
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Mercedes-Benz Faces Rising Competition in China but Rejects Price War Strategy 
Sun Pharma to Acquire Organon in $11.75 Billion Deal to Boost Global Women’s Health Portfolio 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 
Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth 
U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
Why Global Web3 Projects Can't Afford to Skip South Korea: TokenPost Unveils Data-Driven Entry Solutions 
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast 
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition 
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push 
MIRAMAR, Fla., May 11, 2017 -- Spirit Airlines (NASDAQ:SAVE) has reached an agreement with the Air Line Pilots Association, International (ALPA) to extend indefinitely the temporary restraining order (TRO) issued by the U.S. District Court (Southern District of Florida), directing the pilots to restore the status quo while the company and union remain in mediated contract negotiations. The TRO will remain in effect until a collective bargaining agreement is signed and ratified or, if applicable, the parties are released from mediation by the National Mediation Board.
Spirit pilots have been urged to resume picking up open flying time. The extended TRO replaces the need for Spirit to seek a Preliminary Injunction (PI) in federal court.
“On behalf of our customers and fellow Spirit team members, we really appreciate the effort of our pilots who are taking on open flying to restore the operation,” said John Bendoraitis, Spirit Airlines’ Chief Operating Officer.
About Spirit Airlines:
Spirit Airlines (NASDAQ:SAVE) is committed to offering the lowest total price to the places we fly, on average much lower than other airlines, on average nearly 40% less* Our customers start with an unbundled, stripped-down Bare Fare™ and get Frill Control™ which allows them to pay only for the options they choose – like bags, seat assignments and refreshments – the things other airlines bake right into their ticket prices. We help people save money and travel more often, create new jobs and stimulate business growth in the communities we serve. Our Fit Fleet is one of the youngest, most fuel-efficient in the U.S. We operate more than 450 daily flights to 60 destinations in the U.S., Latin America and the Caribbean. Come save with us at www.spirit.com.
*U.S. Department of Transportation statistics
MEDIA NOTE: Spirit aircraft photos and video b-roll are available in the press room section of spirit.com at http://www.spirit.com/Pressrelease.aspx.
Contact: Stephen Schuler 954-364-0231 [email protected] En Español: Brittany Portalatin 954-364-0243 [email protected]
