The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...
Aerostructures maker Spirit AeroSystems Holdings, which has been hurt by a strike at Boeing, agreed to sell its Fiber Materials Inc. business to Tex-Tech Industries for $165 million. FMI's ...
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter ...
No-frills air travel pioneer Spirit Airlines filed for bankruptcy protection on Monday, after struggling with a long run of ...
Just eight months after the Biden administration successfully blocked a merger between Spirit Airlines and JetBlue, the former filed for Chapter 11 bankruptcy, necessitating its delisting from the New ...
By DAVID KOENIG Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it ...
Spirit said Monday that it has entered a restructuring agreement with its bondholders to reduce the debt on its balance sheet ...