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 airline Spirit was soaring in 2022 as Frontier and JetBlue engaged in a bidding war to buy out the smaller airline.
The task of keeping the yellow planes with the cheap seats in the sky has fallen to Davis, Polk & Wardwell, which filed a ...
Spirit Airlines has filed for Chapter 11 bankruptcy protection, the company announced Monday morning.
Spirit Airlines announced Monday it is filing for Chapter 11 bankruptcy protection. Will Milwaukee travelers need to ...
Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting ...
Spirit Airlines filed for Chapter 11 bankruptcy Monday. Here's what you need to know about how the move will affect your flights ...
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, ...
Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since the start of 2020 and faces looming debt ...
While the word "bankruptcy" brings to mind images of shuttered gates and liquidation (and that is indeed what happened to a ...
The bankruptcy filing on Monday comes as Spirit Airlines had recorded increasingly steep losses post-pandemic.