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's stock price is down about 98% from its all-time high. As a result of the Chapter 11 filing, the company said it ...
Spirit Airlines declared bankruptcy Monday, but your holiday travel plans shouldn’t be affected. The budget airline announced ...
Spirit Airlines said Monday that it's filed for bankruptcy protection and will attempt to reboot as it struggles to recover ...