Spirit Airlines announced that it has filed for Chapter 11 bankruptcy protection and will attempt to reboot itself.
The low-cost airline filed for bankruptcy protection Monday. It will continue to operate as it seeks to restructure its debt.
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 budget carrier said flights will “continue as normal.” But routes are likely to change. After unsuccessful attempts to ...
Spirit Airlines said Monday that it's filed for bankruptcy protection and will attempt to reboot as it struggles to recover ...
Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter ...
The filing followed years of struggles for the Florida-based airline, which is known for its no-frills, low-cost flights. The ...
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
Travelers considering booking flights on Spirit should be aware that changes are coming to the airline’s schedule next year.
The company has reassured passengers that its Chapter 11 bankruptcy will not affect their bookings and that staff will still ...
Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting ...
Spirit Airlines Inc. filed for bankruptcy on Monday with a plan to hand over control to bondholders after failing to agree on ...