Frontier Airlines forecasts revenue boost from Spirit collapse

Frontier Airlines forecasts revenue boost from Spirit collapse

Spirit Airlines and Frontier Airlines ticket counters at Kansas City International Airport. Leslie Josephs/CNBC Frontier Airlines expects a revenue boost from Spirit Airlines’ collapse over the weekend, a shuttering that removed Spirit’s capacity from the market overnight. “Drawing on the benefits realized from prior Spirit capacity adjustments, we believe their exit supports a [revenue per…

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Dimon says Trump debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns

Dimon says Trump debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns

President Donald Trump (L), and JP Morgan CEO, Jamie Dimon. Reuters JPMorgan Chase CEO Jamie Dimon said Monday that while President Donald Trump’s lawsuit seeking $5 billion in damages for shuttering his accounts was without merit, he sympathized with the president’s anger over the episode. Trump is accusing JPMorgan and others of closing his accounts…

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