Spirit Airlines filed for bankruptcy protection Monday after the company struggled with a long run of quarterly losses, ...
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
The announcement comes before the busiest travel weekend, Thanksgiving, but the airline assured its customers that the ...
Spirit Airlines filed on Monday for Chapter 11 bankruptcy protection, months after a federal judge blocked the budget airline ...
The airline filed for Chapter 11 in New York listing assets and liabilities of between $1 billion and $10 billion, according ...
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 ...
Spirit Airlines says it will continue flying as it files for Chapter 11 bankruptcy protection. Monday's announcement follows ...
The company’s prepackaged Chapter 11 filing in New York contemplates much of its creditors’ debt being converted into new equity.
Planes that Spirit does own could be sold off to raise cash during its bankruptcy, but the airline may choose to sell other assets like gates and airport slots instead if its managers feel the planes ...
Spirit Airlines filed for bankruptcy protection on Monday after several failed merger attempts. But the Broward-based ...
Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter ...
Budget carrier Spirit Airlines has filed for bankruptcy protection after years of financial losses and failed merger attempts ...