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 budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...
Budget carrier Spirit Airlines announced early Monday that it has filed for Chapter 11 bankruptcy, saying it expects to spend ...
By DAVID KOENIG Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it ...
Here’s what you need to know about the future of the air travel provider after it filed for bankruptcy protection on Monday, ...
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 ...
Share on Facebook Share on Twitter In a move widely expected, Spirit Airlines announced Monday that it has filed for Chapter ...
The last major US airline to go through Chapter 11 restructuring was American Airlines, which filed for bankruptcy protection ...
The bankruptcy filing on Monday comes as Spirit Airlines had recorded increasingly steep losses post-pandemic.
Spirit Airlines has become the first large American air carrier to seek Chapter 11 bankruptcy protection since American Airlines did so more than a decade ago. Spirit Airlines, a low-cost carrier ...