Category Archives: 24/7 Newsroom News

Spirit Airlines is Looking to Cut Costs

Spirit Airlines is Looking to Cut Costs

(WBAP/KLIF) – The low cost carrier is planning to furlough about 330 pilots in January. On Thursday, a company spokesperson stated that the furloughs are part of the airlines effort to cut costs and shore up finances. Despite strong travel demand Spirit Airlines has been losing money, and is facing an uncertain future after the…MORE

TGI Friday’s is Filing for Bankruptcy

TGI Friday’s is Filing for Bankruptcy

(WBAP/KLIF) – On Saturday, TGI Fridays announced that they are filing for bankruptcy as the company looks for ways to ensure the long-term viability of the casual dining brand. The Dallas-based restaurant chain filed for chapter 11 bankruptcy protection in a Texas federal court. The companies executive chairman stated that the primary driver of the…MORE