Spirit Airlines files for bankruptcy protection but plans to keep flying
Spirit Airlines says it will continue flying as it files for Chapter 11 bankruptcy protection. Monday's announcement follows years of losses and a failed merger attempt for the low-cost carrier.
Ultra low-cost carrier Spirit Airlines files for bankruptcy
No-frills air travel pioneer Spirit Airlines filed for bankruptcy protection on Monday, after struggling with a long run of quarterly losses, failed merger attempt and upcoming debt maturities.
Spirit Airlines Files for Bankruptcy Amid Mounting Losses and Debt
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion.
This low-fare airline has filed for bankruptcy: What travelers need to know
STATEN ISLAND, N.Y. – Spirit Airlines, the ultra-low-cost carrier that operates flights throughout the United States, Caribbean and Latin America, has filed for Chapter 11 bankruptcy protection. According to an open letter to its customers, Spirit travelers can continue to “use all tickets, credits and loyalty points as normal.”
What Does Spirit Airlines Bankruptcy Mean for Travelers?
Spirit Airlines filed for Chapter 11 bankruptcy but will operate normally, honoring current reservations and loyalty points while restructuring debt. The reorganization may lead to reduced schedules and potential asset sales.
What happens to my flight now that Spirit Airlines has filed for bankruptcy?
The troubled US budget carrier Spirit Airlines has filed for “bankruptcy protection” after losing more than $2.5bn since 2020 – and failing to secure deals with two possible suitors. The company says it “has commenced a voluntary prearranged chapter 11 process in the United States Bankruptcy Court” that “will allow it to emerge as a stronger company”.
Spirit Airlines files for Chapter 11 bankruptcy protection
Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday.
Spirit’s bankruptcy won’t impact holiday travelers, experts say. But frequent flyers and routes could be impacted next year
Travelers with plans to fly Spirit Airlines over the holidays shouldn’t worry, but the airline’s bankruptcy could affect frequent flyers and routes down the line.
Spirit will keep booking flights despite bankruptcy
Travelers who want to fly commercial from Arnold Palmer Regional Airport have to use Spirit Airlines. The budget airline has filed for bankruptcy protection, but officials say flights will not be impacted.
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