Multiple U.S. airlines have undergone bankruptcies over the years, including United Airlines in 2002, Delta Air Lines in 2005 ...

The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...

The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...

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 ...

The department recently approved the Alaska-Hawaiian merger on the condition of certain consumer rights guarantees. The Biden administration took a stricter stance on airline consolidation, blocking ...

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel, stiffer competition from bigger ...

Discount carrier Spirit Airlines filed for Chapter 11 bankruptcy protection Monday, after racking up debt and struggling to ...

Although corporate executives, union officials and the media claimed there would be no effect on normal operations, the ...

Their merger failed with JetBlue as well, and they have lost over $2.5 billion since the beginning of 2020, Stone said. A ...