The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...
The low-cost airline filed for bankruptcy protection Monday. It will continue to operate as it seeks to restructure its debt.
Spirit said it expects to operate as normal as it works its way through a prearranged Chapter 11 bankruptcy process and that ...
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 ...
Spirit Airlines (SAVE) announced that it has entered into a restructuring support agreement, or RSA, supported by a supermajority of Spirit’s ...
Spirit Airlines files for bankruptcy after years of losses and a blocked JetBlue merger. The carrier secures $300M in ...
Spirit Airlines has filed for Chapter 11 bankruptcy protection in New York and expects to be delisted from the New York Stock ...
Spirit Airlines entered into a restructuring support agreement (the "RSA") supported by a supermajority of Spirit's loyalty and convertible bondholders on the terms of a comprehensive balance sheet ...
Budget-friendly Spirit Airlines hasn’t reported an annual profit since 2019, and has lost some $2.2 billion since 2020.
Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday, becoming the first major U.S. airline to do so since ...
The company has reassured passengers that its Chapter 11 bankruptcy will not affect their bookings and that staff will still ...