The budget airline’s CEO will receive a $3.8 million retention payment while its CFO will get $175,000, according to an SEC ...

The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...

The disparity in size between the low-priced airlines and the top firms underscores a fissure in the industry separating ...

The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...

Spirit Airlines was expected to be one of the big travel industry winners after the pandemic. But the no-frills pioneer never ...

Spirit, like many other airlines, chased growth, but did so by adding more than $2 billion in debt between 2020 and 2023.

Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles, the airline ...

The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...

Spirit has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion.

As the bankruptcy of Spirit Airlines winds its way through the courts, the rest of the industry is likely trying to figure ...

Analysts are weighing on Spirit's market share to determine how the airfares will go up in the face of bankruptcy, ...