Spirit Airlines filed for bankruptcy. What does that mean for travelers?
NEW YORK — Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday. The airline said customers should not see any disruption to their travel plans while the process unfolds.
Airline sector jolted by Spirit Airlines' bankruptcy
The long-anticipated bankruptcy of ultra-low-cost carrier Spirit Airlines ( NYSE: SAVE) is reverberating through the airline sector, with rival Frontier Group Holdings ( NASDAQ: ULCC) also suffering a double-digit loss in sympathy with an 18% drop in Spirit ( SAVE ).
Budget airline Spirit was soaring in 2023 as Frontier and JetBlue engaged in a bidding war to buy out the smaller airline.
Spirit Airlines said Monday that it's filed for bankruptcy protection and will attempt to reboot as it struggles to recover ...
Spirit Airlines announced on Monday that it has filed for bankruptcy protection, Reuters reported. The move comes as the ...
Spirit Airlines shares plunged Wednesday on a report that the budget carrier is getting ready to file for bankruptcy ...
The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 ...
Spirit Airlines is preparing to file for bankruptcy protection, The Wall Street Journal reported. Chapter 11 likely means ...
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