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 ...
By DAVID KOENIG Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it ...
Share on Facebook Share on Twitter In a move widely expected, Spirit Airlines announced Monday that it has filed for Chapter ...
Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles, the airline ...
The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...
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 ...
NEW YORK — Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday ...
The budget airline announced it was filing for Chapter 11 bankruptcy protection in order to restructure over $1 billion worth ...
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 ...