U.S. airlines are bracing for a potential industry shakeout as soaring fuel prices threaten profitability, particularly for low-cost carriers, while larger airlines position themselves to gain market share.

Contract talks between Boeing and the union representing roughly 1,600 former Spirit AeroSystems engineers have been paused until January 5. The delay follows Boeing’s recent acquisition of Spirit’s fuselage and wing operations, while Airbus acquired some other parts of the company.

Spirit Airlines has canceled its plan to furlough up to 365 pilots early next year, easing concerns among staff as the carrier continues restructuring under Chapter 11 bankruptcy protection.

Spirit Airlines’ latest bankruptcy underscores the growing difficulties facing low-cost carriers attempting to reinvent themselves as more premium brands amid rising costs and fierce competition from major U.S. airlines.

Boeing is seeking European Union approval to acquire Spirit AeroSystems, the world’s largest standalone aerostructures company, according to documents on the European Commission’s website.

Just months after emerging from Chapter 11 bankruptcy, Spirit Airlines is raising concerns about its ability to continue operating.

Boeing Co.’s $4.7 billion acquisition of Spirit AeroSystems Holdings Inc. is set to undergo an antitrust investigation by the UK’s competition authority, the country’s watchdog confirmed.

Even if the U.S. truly succeeded in destroying Iran’s nuclear weapons facilities, would Israel’s government consider it a victory without achieving regime change in Tehran?