Nov 18, 2024 · The largest budget airline in the U.S., has filed for Chapter 11 bankruptcy protection. Spirit Airlines said said customers shouldn't see any disruption to their travel plans while the process unfolds.

Nov 18, 2024 · Early on Monday, the carrier announced it had filed for a prearranged chapter 11 that included backstopped commitments of $350 million in equity investment and $300 million in...

Nov 18, 2024 · The airline, as part of the prearranged Chapter 11 bankruptcy protection, has received commitment for a $350 million equity investment from existing bondholders. Need a break?

Nov 18, 2024 · Spirit Airlines announced Monday that it has filed Chapter 11 bankruptcy protection in an attempt to restructure to reduce debt and position the company for long-term success.

Nov 18, 2024 · WASHINGTON — After years of financial losses and a failed merger attempt, Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday. The low-cost carrier announced it has reached...

3 days ago · The biggest U.S. budget airline, Spirit filed a Chapter 11 bankruptcy petition after working out terms with bondholders. The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion in 2025 and 2026.

Nov 18, 2024 · Spirit Airlines announced that it has entered into a restructuring support agreement, or RSA, supported by a supermajority of Spirit’s loyalty and convertible bondholders on the terms of a...

Nov 18, 2024 · Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday after the budget airline's merger efforts collapsed and its losses spiraled out of control. Why it matters: The company's yellow planes became a symbol of ultra-low-cost travel, but it lost hundreds of millions of dollars struggling to make that strategy work.

Nov 18, 2024 · Spirit Airlines has filed for Chapter 11 bankruptcy protection, it said Monday morning. In an open letter to customers, the budget airline said people can continue to book tickets and fly...

Nov 18, 2024 · Spirit Airlines announced Monday it is filing for Chapter 11 bankruptcy protection. Will Milwaukee travelers need to reschedule their flight?