Years of losses and two failed mergers have caused the ultra-low-cost carrier’s stock price to tumble 92% in the past year.
Budget carrier Spirit Airlines announced early Monday that it has filed for Chapter 11 bankruptcy, saying it expects to spend ...
South Florida-based Spirit Airlines filed a pre-planned Chapter 11 bankruptcy petition in New York and will continue ...
Spirit said it expects to operate as normal as it works its way through a prearranged Chapter 11 bankruptcy process and that ...
Here’s what you need to know about the future of the air travel provider after it filed for bankruptcy protection on Monday, ...
The bankruptcy filing on Monday comes as Spirit Airlines had recorded increasingly steep losses post-pandemic.
The last major US airline to go through Chapter 11 restructuring was American Airlines, which filed for bankruptcy protection ...
By DAVID KOENIG Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it ...
Spirit Airlines files for bankruptcy after years of losses and a blocked JetBlue merger. The carrier secures $300M in ...
Budget-friendly Spirit Airlines hasn’t reported an annual profit since 2019, and has lost some $2.2 billion since 2020.
The company has reassured passengers that its Chapter 11 bankruptcy will not affect their bookings and that staff will still ...