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Budget carrier Spirit Airlines filed for bankruptcy this week, stoking concern about how the financial peril of a low-fare option could impact prices across the industry. The Florida-based company ...
Working from a place of weakness isn't a good outcome for Spirit or its shareholders. From a cynical point of view, a potential buyer could just wait for bankruptcy to arrive and buy the company's ...
Image source: Upsplash/The Motley Fool. After months of difficulties, Spirit Airlines has filed for Chapter 11 bankruptcy protection. The company hopes the restructuring will help it get back on ...
Spirit has entered into a restructuring agreement with its bondholders in order to reduce the airline's debt and provide it with increased financial flexibility, Spirit said in an open letter to ...
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 ...
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 ...
Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other ...
What travelers need to know and should expect in the wake of Spirit Airlines' bankruptcy filing.