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The company has had a tumultuous few years, with an engine recall in 2023 and a U.S. District Court judge blocking a proposed $3.8 billion merger with JetBlue in January. Spirit said last month it ...
Spirit's financial difficulties escalated earlier this year after its $3.8 billion merger with JetBlue Airways collapsed in January. The Justice Department sued to end the merger, arguing it would ...
Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday. The company told customers they can continue to book and fly with the airline. Read Spirit's open letter explaining the process.
The company had been exploring a merger with another low-cost airline, Frontier Airlines, in hopes of restructuring its debt and other liabilities without a bankruptcy filing. In March, JetBlue ...
It's also possible that Spirit will emerge from bankruptcy through a merger. Many industry watchers anticipate the incoming Trump administration will be more friendly to airlines joining forces ...
Earlier this year, Spirit's highly anticipated $3.8bn ($3bn) merger with another US carrier, JetBlue, collapsed. A Massachusetts judge blocked the deal, arguing that a merger would reduce ...
Earlier this year, a $3.8 billion merger attempt with JetBlue Airways fell through. In October, Spirit told Reuters it would furlough about 330 pilots on Jan. 31, 2025, as part of its efforts to ...
Spirit has struggled since a proposed merger with JetBlue was abandoned in March. Spirit Airlines has filed for Chapter 11 bankruptcy protection, it said Monday morning.