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.
nited Airlines, once the nation’s most powerful air carrier but now drowning in red ink, filed for bankruptcy reorganization Monday – the largest in airline history. The filing under Chapter 11 of the ...
American Airlines has been piloting a system in recent ... after the defection of two major manufacturers, has filed for Chapter 11 again as it considers a sale process to cut debt.