Spirit Airlines’ pilots are appealing directly to the airline’s bondholders to keep the carrier afloat as it navigates Chapter 11 bankruptcy. A loss of financial support could push the company into ...
Spirit Airlines is in talks about a potential takeover with alternative investment firm Castlelake, according to CNBC.
The immediate access to $50 million will allow Spirit to stay afloat in the short-term. The airline's creditors are meeting Wednesday and it is widely expected that they will discuss Spirit’s third ...
Struggling low-cost carrier Spirit Airlines secured a major victory in bankruptcy court on Friday as it continues its latest Chapter 11 restructuring process. The court officially awarded the airline ...
Spirit Airlines has reached important agreements with its pilots and flight attendants as it takes another key step in its ongoing Chapter 11 restructuring. On Friday, the budget airline's parent ...
One of the most iconic ultra-low-cost airlines in the United States has announced “significant progress” in its ongoing Chapter 11 debt restructuring. Spirit Airlines said on September 30 that it has ...
For years, its bright-yellow planes have been a staple at airports near beaches, theme parks and the Strip in Las Vegas — and a vessel for price-conscious customers to fly on a budget. But with the ...
Bankruptcy is a funny thing; it can actually resurrect previously failed business plans, and that's exactly what might happen with Spirit Airlines second Chapter 11 in a year. Last year, the federal ...
Relatively few people fly Spirit Airlines – but the company could still affect how much you pay for your holiday travel, even if recent government-mandated flight cancellations end. For years, Spirit ...