The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...
Port-au-Prince bound Spirit Airlines flight forced to divert to airport in Dominican Republic after being struck by gunfire ...
The budget airline announced it was filing for Chapter 11 bankruptcy protection in order to restructure over $1 billion worth ...
Spirit Airlines announced it was seeking Chapter 11 bankruptcy protection on Monday, Nov. 18. That move had been predicted months ago by many airline analysts. After all, the company hadn’t posted a ...
Even in an industry with a voluminous history of Chapter 11 restructurings and failed companies, Spirit’s filing is surely ...
Spirit Airlines has filed for bankruptcy protection, the no-frills U.S. travel pioneer said on Monday, after struggling with ...
Discount carrier Spirit Airlines filed for Chapter 11 bankruptcy protection Monday, after racking up debt and struggling to ...
Known for its low fares and minimalist approach, Spirit’s financial turmoil now raises questions for passengers with upcoming travel plans. Despite the filing, the carrier’s leadership says it plans ...
The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt the business.
It was forced to start restructuring talks with creditors after a federal judge blocked a $3.8 billion acquisition by JetBlue ...
Spirit Airlines told customers Monday that they should continue feeling comfortable booking flights “now and in the future,” ...
Since the start of 2020 the airline has lost more than $2.5 billion and has built up looming debt payments in 2025 and 2026 which total more than $1 billion.