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Spirit Airlines, the airline of choice for many budget travelers, filed for bankruptcy protection Monday, raising questions about the viability of no-frills airlines in the post-pandemic era, as ...
After months of difficulties, Spirit Airlines has filed for Chapter 11 bankruptcy protection. The company hopes the restructuring will help it get back on course financially.
NEW YORK (AP) — Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday. The airline said customers should not see any disruption to their ...
What travelers need to know and should expect in the wake of Spirit Airlines' bankruptcy filing.
Spirit Airlines officially filed for bankruptcy protection today Monday after the pioneer of no-frills travel in the U.S. struggled with a long run of quarterly losses, failed merger attempts and ...
Planes that Spirit does own could be sold off to raise cash during its bankruptcy, but the airline may choose to sell other assets like gates and airport slots instead if its managers feel the ...
The offer was a significant drop from the $580 million in take-back debt and 26.5% equity that Frontier reportedly offered Spirit in the summer of 2024 before Spirit's bankruptcy announcement.
While Spirit Airlines has filed Chapter 11 bankruptcy, the company assures customers that all tickets already booked will be valid and flights will operate as scheduled.