On Friday, Spirit Airlines published an open letter to its guests announcing that the airline has filed for Chapter 11 bankruptcy. While operations will continue as normal for now, the bankruptcy ...
(AP) – Budget carrier Spirit Airlines said Friday that it has filed for fresh bankruptcy protection months after emerging from a Chapter 11 reorganization. The no-frills airline said it intends to ...
Spirit Airlines is actively pursuing merger discussions with multiple potential partners as part of its ongoing Chapter 11 bankruptcy restructuring, the financially troubled carrier revealed in recent ...
Spirit Airlines plans to furlough 1,800 flight attendants before the end of the year, the cash-strapped budget carrier said Monday. The company said it made the “difficult decision” to put cabin crew ...
As part of its motion for the use of cash collateral, the Company obtained immediate interim access to $120 million of liquidity. Spirit has negotiated an agreement with AerCap Ireland Limited ...
Spirit Airlines has filed for bankruptcy for the second time in a year. The company — which is the nation's largest budget airline — failed to secure its finances after it emerged from its previous ...
Spirit Airlines won approval for a $475 million lifeline and a $150 million payment in bankruptcy court, granting some relief as the budget airline struggles to stabilize itself after its second ...