Years of losses and two failed mergers have caused the ultra-low-cost carrier’s stock price to tumble 92% in the past year. But Spirit says it will bounce back.
It will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell.
Last Monday, the U.S. Embassy in Port-au-Prince issued a security alert saying it was “aware of gang-led efforts” to block ...
Spirit Airlines has filed for bankruptcy in the wake of greater competition from rival carriers and financial troubles ...
Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since the start of 2020 and faces looming debt ...
Budget airline giant Spirit Airlines announced Monday it has filed for Chapter 11 bankruptcy protection. The move comes after ...
Spirit Airlines officially filed for bankruptcy protection Monday after the pioneer of no-frills travel in the U.S. struggled ...
There are plenty of airlines that could benefit from buying Spirit, or at least parts of it. Who might that be? I’m not predicting anything, mind you. I’m just thinking about who might like a bite at ...
The airline filed for Chapter 11 in New York listing assets and liabilities of between $1 billion and $10 billion, according ...