Spirit Airlines (SAVEQ) announced on Tuesday that it has received approval from the United States Bankruptcy Court for the ...
The disparity in size between the low-priced airlines and the top firms underscores a fissure in the industry separating ...
Spirit Airlines was expected to be one of the big travel industry winners after the pandemic. But the no-frills pioneer never ...
The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...
The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...
If you planned on traveling aboard Spirit Airlines for the holidays, which filed for bankruptcy Monday, you shouldn’t worry.
Nearly 80 million people are expected to travel this Thanksgiving season, with a record-breaking 5.8 million projected to ...
"It is in the best interests of the company to perform its obligations under the RSA and pursue the Chapter 11 plan of reorganization," the board noted in the petition.
Spirit Airlines has filed for Chapter 11 bankruptcy protection, the company announced Monday morning.
It has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion over ...
While the word "bankruptcy" brings to mind images of shuttered gates and liquidation (and that is indeed what happened to a ...
The airline hasn’t posted an annual profit since 2019 and lost more than $335 million in the first half of the year.