NEW YORK (AP) — Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday.
Introduction - On October 25, 2024, Judge John P. Mastando III of the US Bankruptcy Court for the Southern District of New York issued a ruling ...
The bankruptcy filing on Monday comes as Spirit Airlines had recorded increasingly steep losses post-pandemic.
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Spirit made headlines Monday morning when it announced it was filing for a Chapter 11 bankruptcy — here’s what you need to ...
"It is in the best interests of the company to perform its obligations under the RSA and pursue the Chapter 11 plan of reorganization," the board noted in the petition.
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