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Spirit is in dire financial straits, and experts believe its collapse could trigger shifts across the low-cost airline sector ...
The DOJ blocked Spirit's merger with JetBlue in 2022 over concerns about market consolidation, but markets also consolidate when failing firms go bankrupt and exit.
Fewer people are booking leisure trips and tough competition from other carriers are making it hard to hit the money targets, the airline said.
Despite successfully emerging from bankruptcy earlier this year, Spirit Airlines is once again facing a turbulent flight path ...
Spirit emerged from bankruptcy in March smaller and with less debt but with one critical challenge: making money. The airline ...
Low-cost carrier Spirit Airlines expresses substantial doubt about continuing operations within 12 months after debt ...
Just months after emerging from Chapter 11 bankruptcy, Spirit Airlines is warning about its ability to stay in business.
Spirit Airlines stock plunged after the no-frills budget carrier warned it may not survive beyond a year in its quarterly ...
The budget airline, headquartered in Broward County, blamed reduced demand for domestic airfare on its inability to meet debt ...
The demise of the low-cost carrier could have detrimental effects for airline passengers, whether or not they have ever flown ...
Spirit Airlines could end up in bankruptcy and be forced out of business because of a federal court decision to block a proposed sale to JetBlue Airways, according to a note from an airline analyst.
ROCHESTER, N.Y. (CNN/CNN Newsource/WKRC) — Eastman Kodak and Spirit Airlines have warned they may not survive much longer.