The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...

Spirit Airlines, the ultra-low-cost carrier recognized for its budget-friendly offerings, has filed for Chapter 11 bankruptcy protection as it seeks to navigate mounting financial pressures.

Stocks climbed as Treasuries halted a selloff that drove 10-year yields near 4.5%, with traders keeping a close eye on news ...

Spirit Airlines says it will continue flying as it files for Chapter 11 bankruptcy protection. Monday's announcement follows years of losses and a failed merger attempt for the low-cost carrier.

Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with JetBlue ...