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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 faced further difficulties when its planned merger with JetBlue was called off in March, two months after a federal judge blocked it. It expects to emerge from the process in the first ...
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.
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 ...
In addition to the $3.8 billion merger between JetBlue and Spirit being blocked by a U.S. District Court judge in January, the airline also faced an engine recall in 2023, per NBC News.
(Reuters) -Spirit Airlines has filed for bankruptcy protection, the no-frills U.S. travel pioneer said on Monday, after struggling with years of losses, failed merger attempts and heavy debt levels.
JetBlue and Spirit Airlines have called for an expedited appeal of a court ruling that blocker their merger. Time is running out. The merger must be completed by July 24 or either airline could ...
JetBlue Airways and Spirit Airlines on Monday said they were terminating their merger agreement weeks after losing a federal antitrust lawsuit that challenged the deal.. A federal judge blocked ...