The budget airline announced it was filing for Chapter 11 bankruptcy protection in order to restructure over $1 billion worth ...
The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...
By DAVID KOENIG Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it ...
The low-cost airline filed for bankruptcy protection Monday. It will continue to operate as it seeks to restructure its debt.
Spirit Airlines has filed for Chapter 11 bankruptcy protection, the company announced Monday morning.
NEW YORK -- Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday. The ...
Years of losses and two failed mergers have caused the ultra-low-cost carrier’s stock price to tumble 92% in the past year.
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
Spirit said it expects to operate as normal as it works its way through a prearranged Chapter 11 bankruptcy process and that ...
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 ...
Spirit operates as “ultra low cost,” meaning that those who travel with Spirit buy purely their plane ticket without added ...