The announcement comes before the busiest travel weekend, Thanksgiving, but the airline assured its customers that the ...
The budget travel firm was hit hard by the pandemic and a failed merger, leading to mounting losses in recent years.
The company’s prepackaged Chapter 11 filing in New York contemplates much of its creditors’ debt being converted into new equity.
The airline has been in negotiations with its creditors since a federal judge blocked the $3.8 billion acquisition by JetBlue.
Spirit Airlines filed on Monday for Chapter 11 bankruptcy protection, months after a federal judge blocked the budget airline ...
The Justice Department blocked a merger with JetBlue, and the result will be less competition, higher fares, and laid-off workers.
Here’s what you need to know about the future of the air travel provider after it filed for bankruptcy protection on Monday, ...
Spirit has been in negotiations with its creditors since a federal judge blocked a US$3.8 billion acquisition by JetBlue ...
Budget carrier Spirit Airlines has filed for bankruptcy protection after years of financial losses and failed merger attempts ...
Spirit Airlines files Chapter 11, securing funding to maintain operations amid financial and operational struggles ...