Spirit Airlines has filed for Chapter 11 bankruptcy protection, the company announced Monday morning.
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 Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting ...
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 ...
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The bankruptcy filing on Monday comes as Spirit Airlines had recorded increasingly steep losses post-pandemic.
Spirit Airlines filed for Chapter 11 bankruptcy Monday after a string of quarterly losses, increased competition from other low-cost carriers, debt and multiple failed mergers. Spirit was in trouble ...