Budget carrier Spirit Airlines announced early Monday that it has filed for Chapter 11 bankruptcy, saying it expects to spend ...
Spirit said it expects to operate as normal as it works its way through a prearranged Chapter 11 bankruptcy process and that ...
Years of losses and two failed mergers have caused the ultra-low-cost carrier’s stock price to tumble 92% in the past year.
Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since the start of 2020 and faces looming debt ...
Here’s what you need to know about the future of the air travel provider after it filed for bankruptcy protection on Monday, ...
The last major US airline to go through Chapter 11 restructuring was American Airlines, which filed for bankruptcy protection ...
Spirit Airlines files for bankruptcy after years of losses and a blocked JetBlue merger. The carrier secures $300M in ...
Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter ...
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
The filing followed years of struggles for the Florida-based airline, which is known for its no-frills, low-cost flights. The ...