Emergence from Chapter 11 expected in late spring or early summer

DANIA BEACH, Fla., Feb. 24, 2026 /PRNewswire/ — Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC (“Spirit” or the “Company”), today announced that Spirit has completed another significant milestone in its restructuring by reaching an agreement in principle on the key terms of a restructuring support agreement with its existing DIP lenders and secured noteholders. The agreement in principle will provide Spirit with the financial support needed to finalize its restructuring and complete the remaining changes necessary to optimize the Company’s fleet, network and cost structure. Spirit intends to emerge from Chapter 11 in late spring or early summer as a strong low-cost, value-driven carrier offering Guests basic and premium products at the lowest fares in the sky.

“This agreement in principle is the result of months of hard work and allows Spirit to move toward completing its transformation,” said Dave Davis, President and Chief Executive Officer. “Spirit will emerge as a strong, leaner competitor that is positioned to profitably deliver the value American consumers expect at a price they want to pay.”

Key aspects of the new Spirit:

• Optimized Network: Spirit will align its network and capacity to routes and periods of strongest consumer demand. This includes higher aircraft utilization during peak days while reducing off-peak flying, as well as the flexibility to adjust to seasonal demand across markets.
• More Premium Choices: Spirit will expand its Spirit First and Premium Economy offerings, maintaining its position as the industry price leader, while focusing on value. The Company will also make additional enhancements to its Free Spirit® and co-brand programs to encourage Guest loyalty.
• Stronger Financials: Upon emergence, the Company will have further reduced its cost structure, expanding its cost advantage compared to legacy and other airlines. It is expected that Spirit’s debt and lease obligations will be reduced from $7.4 billion pre-filing to approximately $2.1 billion post-emergence.

“I am grateful to our Team Members for their dedication and unwavering commitment to our Guests throughout our restructuring,” Davis added. “I also want to thank our Guests for continuing to choose Spirit to connect them to the people and places that matter most.”

During the restructuring process, Guests can continue to book, travel and use tickets, credits and loyalty points as normal.

FORT WORTH, Texas, Feb. 23, 2026 /PRNewswire/ — oneworld® today named seasoned aviation leader Ole Orvér as its new chief executive officer. He will join the alliance on 1 April, 2026.

A Swedish national, Orvér brings more than 20 years of industry experience to the role. He most recently served as Chief Commercial Officer at oneworld member airline Finnair, where he transformed the airline’s commercial and network strategy and introduced major new revenue and loyalty initiatives.  

“We are pleased to welcome Ole as CEO of oneworld as the alliance leads the world in redefining the full breadth of value it provides to member airlines and their customers,” said Robert Isom, American Airlines Chief Executive Officer and current Chairman of oneworld’s Governing Board. “With his proven track record of driving commercial performance, deep knowledge of airline partnerships, and extensive international experience, he will continue to deliver on the slate of forthcoming customer-first initiatives that further strengthen oneworld’s position as the world’s premium airline alliance.”

Prior to Finnair, Orvér served as Senior Vice President – Network Management at oneworld member Qatar Airways. Previously he served in leadership roles at Air Berlin, LOT Polish Airlines and SAS Scandinavian Airlines. He holds a degree in Economics from Mid Sweden University, and a certification from the Strategic Thinking and Leadership Growth Program at the Wharton School at the University of Pennsylvania.

“I am honored to be joining oneworld at a pivotal moment for global travel,” said Orvér. “Together with our member airlines, we will continue the work to showcase the world’s premium alliance, elevate the customer journey, and unlock new tools and technology. By combining our global reach with shared innovation and a relentless focus on excellence, I look forward to delivering even greater value to our members, their customers, and the communities we serve.” 

Orvér replaces outgoing CEO Nathaniel Pieper who recently took on the chief commercial role at American Airlines. “On behalf of the Governing Board, we also extend our sincere thanks to Nat for his leadership and the significant contributions he made during his time as CEO,” Isom said.

Orvér will lead oneworld’s continued mission to deliver enhanced customer benefits through greater member integration and advancements in technology. He will report to the alliance’s Governing Board of member airline CEOs.

Members can earn and redeem WestJet Rewards on codeshare flights with Virgin Atlantic via London-Heathrow to the United Arab Emirates, The Maldives and South Africa.

CALGARY, AB, Feb. 17, 2026 /CNW/ – WestJet and Virgin Atlantic have joined forces to deliver more value to their loyalty members. Beginning today, WestJet Rewards and Virgin Atlantic Flying Club members can earn points with their preferred loyalty program on each other’s entire network including VS-WS codeshare flights. The update to the partnership is particularly meaningful for WestJet guests travelling on Virgin Atlantic’s Toronto (YYZ) – London (LHR) route, which serves as a popular bridge for thousands of Canadians that connect through Toronto Pearson to reach Virgin Atlantic’s primary hub at London Heathrow.

“Strengthening ties with a world-class airline like Virgin Atlantic has long delivered stronger connectivity for our guests. Today’s announcement builds on that foundation, unlocking greater value and expanded opportunities for WestJet Rewards members to engage with our loyalty program,” said John Weatherill, WestJet Executive Vice-President and Chief Commercial Officer. “By broadening the ways members can earn and redeem WestJet points, we are making it easier for guests to get even more value out of every journey with WestJet and Virgin Atlantic.”

“Our partnership with WestJet continues to strengthen, providing our Flying Club members more choice and connectivity in how they fly between Canada, the UK and beyond,” said Juha Jaervinen, Virgin Atlantic Chief Customer Officer. “As we approach the one-year anniversary of our return to Toronto, we’re pleased to deliver more ways for our customers to earn and burn through Flying Club alongside our partners at WestJet and introduce increased capacity with daily flights on our largest aircraft, 397 –seater, Airbus A350-1000 for the summer season.”

In addition to expanded earning opportunities, WestJet Rewards members will continue to be able to redeem WestJet points as a form of payment on WestJet codeshare flights operated by Virgin Atlantic, which are now available to be booked via WestJet.com. This includes redemption on WestJet marketed flights via London-Heathrow to:

• Dubai, United Arab Emirates (DXB)
• Malé, Maldives (MLE)
• Cape Town, South Africa (CPT)
• Johannesburg, South Africa (JNB)

Last year, WestJet revamped its rewards program, adding more value and flexibility, while maintaining the program’s simplicity. Integrating WestJet Rewards with Virgin Atlantic’s Flying Club marks the first airline loyalty partnership since the update and the first new reciprocal flyer partnership for WestJet in almost 10 years.

SOUTHLAKE, Texas, Feb. 18, 2026 /PRNewswire/ — Sabre Corporation (“Sabre”) (NASDAQ: SABR) today announced financial results for the quarter ended December 31, 2025. Sabre has posted its fourth quarter and full year 2025 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results. The earnings release is also available on the Securities and Exchange Commission’s website at www.sec.gov.

As previously announced, Sabre will host a live webcast of its fourth quarter and full year 2025 earnings conference call today at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook. The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Sabre’s website at investors.sabre.com.

A replay of the event will be available on the website for at least 90 days following the event.

About Sabre 
Sabre Corporation is a leading technology company that takes on the biggest opportunities and solves the most complex challenges in travel. Sabre harnesses speed, scale and insights to build tomorrow’s technology today – empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in Southlake, Texas, USA, with employees across the world, Sabre serves customers in more than 160 countries globally. For more information visit www.sabre.com. 

CINCINNATI, Feb. 16, 2026 /PRNewswire/ — GE Aerospace (NYSE:GE) announced today that United Airlines (Nasdaq: UAL) has selected 300 GEnx engines to power their new Boeing 787 Dreamliners. The agreement also includes additional spare engines and brings United Airlines’ 787 fleet to more than 200 GEnx powered aircraft.

Mohamed Ali, President & CEO, GE Aerospace Commercial Engines & Services, said, “GE Aerospace has an enduring relationship with United that spans decades. This deal will make United the largest GEnx operator in the world, and we’re honored they continue to choose us to power their success.”

Engineered with advanced materials and cutting-edge technologies, the GEnx engine family delivers greater durability and time on wing for customers. Combined with a 99.98 dispatch rate GEnx is also highly reliable.

GE Aerospace’s relationship with United Airlines began in 1968. The carrier currently operates an extensive fleet of GE Aerospace and CFM* powered aircraft that includes CF6, GE90, GEnx, CFM56-7B, LEAP and CF34 engines.

With more than 70 million flight hours, today the GEnx engine powers two-thirds of all 787 aircraft in operation and exclusively powers the 747-8 aircraft. This latest order brings GE Aerospace’s firm GEnx future deliveries to nearly 1,800 engines plus spares.

*CFM is a 50/50 joint venture between GE Aerospace and Safran Aircraft Engines 

Turkish Airlines made this announcement:

Joining the fleet at the end of 2025, the 500^th aircraft named ‘TK Family’ was unveiled during a special launch event today by the Turkish flag carrier.

The unveiling of the 500th aircraft, featuring a special livery designed with photographs of Turkish Airlines’ 100,000 employees and retirees, was held with wide and meaningful participation, reflecting the spirit of unity and solidarity. The event at Istanbul Airport was attended by executives from Turkish Airlines and its subsidiaries, former senior executives, employees and retirees, as well as prominent figures from the aviation industry.

The launch also featured children of martyrs who gave their lives for the Turkish nation, representing all 81 provinces of Türkiye, and the cast of Turkish Airlines’ memorable Iğdır* (When You Dream) commercial. This special gathering once again demonstrated that Turkish Airlines’ growth story consists of not only numbers but also shared effort, loyalty, and solidarity.

As part of this unveiling, the “TK Family” aircraft performed a special ceremonial flight, tracing the number 500 in the sky to mark the beginning of the airline’s ‘Second 500’ era. Operated under flight number TK500, the flight carried the children of martyrs and their families, along with Turkish Airlines executives, former senior executives, and employees.

Aircraft representing key milestones in Turkish Airlines’ fleet expansion were also showcased at the event venue, alongside a full-scale replica of the airline’s first aircraft, drawing significant interest. The fleet milestone aircraft were introduced in the following years:

• 100th Aircraft– August 2006
• 200th Aircraft– November 2012
• 300th Aircraft– February 2016
• 400th Aircraft– March 2023
• 500th Aircraft– December 2025

While continuing to enhance operational efficiency and passenger comfort through investments in modern aircraft, Turkish Airlines remains committed to strengthening its fleet in line with its sustainable growth strategy. The 500th Aircraft symbolizes not only the airline’s current strength, but also its vision of reaching a fleet of 1,000 aircraft by 2036.

Drawing strength from its heritage as it confidently moves toward the future, Turkish Airlines continues to write new success stories in global aviation, guided by its principle of “growing together, rising together.”