Spirit Airlines filed for Chapter 11 bankruptcy Monday after a string of quarterly losses, increased competition from other low-cost carriers, debt and multiple failed mergers.

South Florida-based Spirit Airlines filed a pre-planned Chapter 11 bankruptcy petition in New York and will continue operations as it seeks to reduce its debt load and return to profitability ...

Spirit’s bankruptcy filing makes it the first major U.S. airline to seek Chapter 11 protection since American Airlines did so 13 years ago. Is Spirit Airlines Shutting Down?

Spirit Airlines filed on Monday for Chapter 11 bankruptcy protection, months after a federal judge blocked the budget airline's proposed merger with JetBlue.

Spirit Airlines filed for Chapter 11 bankruptcy following the collapse of its merger with JetBlue. The airline aims to reduce debt and gain financial flexibility but will be de-listed from the NYSE.

Spirit Airlines Is Not Set For A Chapter 11 Landing In 2024. Jan. 23, 2024 9:29 AM ET Spirit Airlines, Inc. (SAVEQ) Stock JBLU, SAVEQ 67 Comments 6 Likes. Binary Tree Analytics. 5.2K Followers.

June 7 (Reuters) - Spirit Airlines (SAVE.N), opens new tab is not considering a Chapter 11 bankruptcy and is "encouraged" by the plan it has in place after its deal with JetBlue Airways (JBLU.O ...

Key Points. Spirit Airlines CEO Ted Christie confirmed that the airline is not considering Chapter 11 bankruptcy. The airline is addressing financial pressures through debt restructuring and cost ...

Spirit Airlines has become the first large American air carrier to seek Chapter 11 bankruptcy protection since American Airlines did so more than a decade ago. Current premium viewers: 123 Spirit ...

Spirit, the biggest U.S ... The last bankruptcy by a major U.S. carrier ended when American Airlines emerged from Chapter 11 protection and simultaneously merged with US Airways in December 2013.

Nov. 18 (UPI) --Budget carrier Spirit Airlines announced early Monday that it has filed for Chapter 11 bankruptcy, saying it expects to spend the next year going through the process. The airline ...

Spirit Airlines announced Nov. 18 it entered a Chapter 11 bankruptcy process as a way to shore up its finances. The action comes amid a turbulent time for Spirit.