Spirit said Monday that it has entered a restructuring agreement with its bondholders to reduce the debt on its balance sheet ...
Years of losses and two failed mergers have caused the ultra-low-cost carrier’s stock price to tumble 92% in the past year.
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 ...
The company has reassured passengers that its Chapter 11 bankruptcy will not affect their bookings and that staff will still ...
The announcement comes before the busiest travel weekend, Thanksgiving, but the airline assured its customers that the ...
Spirit Airlines (SAVE) filed for chapter 11 bankruptcy protection, becoming the first major passenger airline to do so since American Airlines in 2011. Get the full story: ...
Spirit Airlines Inc. filed for a voluntary, pre-arranged Chapter 11 bankruptcy early Monday, capping a tumultuous period for ...
Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover ...
Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting ...
Spirit said in a filing announcing bankruptcy protection that it would continue all its normal operations, and that customer ...
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.