Years of losses and two failed mergers have caused the ultra-low-cost carrier’s stock price to tumble 92% in the past year.

The bankruptcy filing on Monday comes as Spirit Airlines had recorded increasingly steep losses post-pandemic.

Spirit said it expects to operate as normal as it works its way through a prearranged Chapter 11 bankruptcy process and that ...

Here’s what you need to know about the future of the air travel provider after it filed for bankruptcy protection on Monday, ...

Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since the start of 2020 and faces looming debt ...

The company has reassured passengers that its Chapter 11 bankruptcy will not affect their bookings and that staff will still ...

Spirit Airlines files for bankruptcy after years of losses and a blocked JetBlue merger. The carrier secures $300M in ...

Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday, becoming the first major U.S. airline to do so since ...

Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so ...

Budget carrier Spirit Airlines announced early Monday that it has filed for Chapter 11 bankruptcy, saying it expects to spend ...

The last major US airline to go through Chapter 11 restructuring was American Airlines, which filed for bankruptcy protection ...