Spirit Airlines canceled about 100 flights on Friday after pulling some planes out of service for inspections, and the airline expects the disruptions to last several days.
Spirit did not describe the nature of the inspections and did not respond when asked for further information.
By Friday afternoon, Spirit had canceled 11% of its schedule for the day, easily the highest percentage of scrubbed flights among leading U.S. carriers, according to tracking service FlightAware.
“We’ve cancelled a portion of our scheduled flights to perform a necessary inspection of a small section of 25 of our aircraft,” Spirit said in a statement. “The impact to our network is expected to last several days as we complete the inspections and work to return to normal operations.”
The Federal Aviation Administration said it was aware of Spirit's decision to pull the planes from service for a “mandatory maintenance inspection." The FAA did not describe the inspections either, but said it "will ensure that the matter is addressed before the airplanes are returned to service.”
Spirit had 198 planes as of June 30, all of them variants of the Airbus A320 family, according to a company regulatory filing.
The airline told customers to check the status of their flight before going to the airport.
About half of the Spirit cancellations were at Florida’s Orlando International Airport, where Spirit is the second-largest carrier.
Spirit, which is based in Miramar, Florida, has canceled more than 3,600 flights this year, or 1.5% of its schedule. That is lower than the 2% cancellation rate at Frontier Airlines, a similar budget carrier, and rates for JetBlue Airways and United Airlines.
The Federal Reserve, having raised interest rates at the fastest pace in four decades, is poised Wednesday to leave rates alone for the first time in 15 months to allow time to gauge the impact of its aggressive drive to tame inflation.
Stocks are drifting Wednesday, as Wall Street waits to hear what the Federal Reserve’s latest economy-moving decision will be on interest rates.
Chipmaker AMD said on Tuesday that it's producing an advanced chip for artificial intelligence applications that is designed to compete with Nvidia.
On Tuesday, the Bahamas Supreme Court allowed FTX founder Sam Bankman-Fried to review the terms of his extradition and temporarily delayed the country from agreeing to let U.S. prosecutors pursue criminal charges against him.
Microsoft's planned $69 billion purchase of video game company Activision Blizzard was blocked by a federal judge Tuesday, giving more time for an antitrust review of the deal.
Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year's steady easing of inflation. At the same time, some measures of underlying price pressures remained high.
People are using apps more than ever to help manage and save their money, and it's hard to know which ones work best. We recently sat down with Insider financial correspondent Jennifer Streaks to help us break down some of the best apps out there right now.
Stocks rose Tuesday after a cooler reading on inflation cemented Wall Street’s bets for the Federal Reserve to hold off on hiking interest rates this week.
Be Well: How to Attain Financial Freedom
Grubhub is cutting 400 corporate positions or about 15 percent of its workforce as the company contends with declining orders and rising costs.
