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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'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.
Spirit's troubles deepened after the collapse of its $3.8 billion planned merger with JetBlue Airways in January and the impact of RTX's, Pratt & Whitney Geared Turbofan engines snag that grounded ...
The prospect of a JetBlue-Spirit Airlines merger took a major hit in court on Tuesday when a federal judge sided with the Biden administration and blocked the $3.8 billion deal. The judge ruled ...
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 ...