Spirit Airlines files for bankruptcy | CNN Business
5 days ago · 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...
Spirit Airlines files for bankruptcy | AP News
5 days ago · Spirit’s costs, especially for labor, have risen. The biggest U.S. airlines have snagged some of Spirit’s budget-conscious customers by offering their own brand of bare-bones tickets. And fares for U.S. leisure travel — Spirit’s core business — sagged this summer because of a glut of new flights.
Spirit Airlines files for bankruptcy - NBC News
5 days ago · Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after having struggled with losses, growing debt and a failed merger during the post-pandemic travel lull.
Spirit Airlines Announces Comprehensive Agreement to ...
5 days ago · Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today announced that it has entered into a restructuring support agreement (the "RSA") supported by a supermajority of Spirit's loyalty and convertible bondholders on the terms …
Spirit Airlines files for bankruptcy protection : NPR
4 days ago · Spirit Airlines says it will continue flying as it files for Chapter 11 bankruptcy protection. Monday's announcement follows years of losses and a failed merger attempt for the low-cost carrier.
Spirit Airlines Issues Open Letter to All Spirit Guests
5 days ago · Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today issued the following open letter to all Spirit Guests: We are writing to let you know about a proactive step Spirit has taken to position the company for success. Spirit has entered into an agreement with our bondholders that is expected to reduce our total debt, provide increased financial flexibility, …
Spirit Airlines shares plunge on bankruptcy speculation
Nov 13, 2024 · Spirit Airlines’ shares plunged more than 50% in early trading Wednesday, following a report that it is preparing to file bankruptcy — and the company’s announcement that it won’t report...