Spirit Airlines Inc. won court approval to leave bankruptcy via a lender-backed take-private deal after rejecting a takeover ...

Financially troubled Spirit Airlines says its reorganization plan has been approved by a federal bankruptcy court in New York ...

A U.S. bankruptcy judge on Thursday approved Spirit Airlines’ SAVEQ.PK debt restructuring, clearing the budget airline to ...

Frontier’s latest offer would have allowed Spirit Airlines to retain 19 percent of the company’s equity. But Spirit said the ...

Spirit Airlines exits bankruptcy with a debt reduction plan, transferring ownership to majority lenders while eliminating ...

Frontier Airlines' longest route from Las Vegas Harry Reid International Airport (LAS) is to New York John F. Kennedy ...

Commercial plane crashes in North America, large-scale job cuts to key agencies and potential mergers have defined the past ...

Spirit’s approval comes after the third merger attempt by Denver-based ULCC Frontier Airlines, part of a back-and-forth ...

Spirit rejected multiple merger bids from Frontier Airlines, choosing to proceed as a standalone carrier with reforms to its loyalty program and services. Spirit Airlines is set to exit Chapter 11 ...

The United States Bankruptcy Court for the Southern District of New York approved the plan, which equitizes “$795 million of funded debt, receive $350 million in new equity investment and issue $840 ...

Spirit Airlines has gotten the all clear to take off out of bankruptcy. A bankruptcy judge in New York approved the ...

A huge US carrier with billions of dollars in debt has updated Wall Street on its bankruptcy. Many investors will not be ...