The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...
Monday's filing followed years of struggles for the Florida-based airline, which is known for its no-frills, low-cost flights ...
Spirit Airlines announced its intentions to continue flying despite filing for a “prearranged” Chapter 11 bankruptcy ...
The budget airline announced it was filing for Chapter 11 bankruptcy protection in order to restructure over $1 billion worth ...
The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...
Spirit Airlines tells customers that its bankruptcy will not impact their travel plans. Find out why it pays to use a credit ...
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
Years of losses and two failed mergers have caused the ultra-low-cost carrier’s stock price to tumble 92% in the past year.
Multiple U.S. airlines have undergone bankruptcies over the years, including United Airlines in 2002, Delta Air Lines in 2005 ...
Share on Facebook Share on Twitter In a move widely expected, Spirit Airlines announced Monday that it has filed for Chapter ...
The low-cost airline filed for bankruptcy protection Monday. It will continue to operate as it seeks to restructure its debt.
Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting ...