The long-anticipated bankruptcy of ultra-low-cost carrier Spirit Airlines (NYSE:SAVE) is reverberating through the airline sector, with rival Frontier Group Holdings (NASDAQ:ULCC) also suffering a ...
Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for ...
By DAVID KOENIG Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it ...
Years of losses and two failed mergers have caused the ultra-low-cost carrier’s stock price to tumble 92% in the past year.
Spirit Airlines will attempt to reboot as it struggles to recover from the pandemic-caused drop in travel and a failed ...
Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover ...
The airline hasn’t posted an annual profit since 2019 and lost more than $335 million in the first half of the year.
Spirit’s bankruptcy follows unsuccessful attempts to secure a merger with Frontier Airlines ... with ultra-low-cost air ...
Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so ...