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Spirit Airlines Files for Bankruptcy
How Spirit Airlines Fell Apart
In attempts to prevent a bankruptcy filing, Spirit announced in October that staff layoffs would take place as part of $80 million in cost-saving measures. It also said it had reached an agreement to sell 23 jets to GA Telesis, an aviation services company, for $519 million.
Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
Spirit Airlines files for bankruptcy and Biden slammed for 'nuking' JetBlue merger
Budget carrier Spirit Airlines has filed for bankruptcy protection after years of financial losses and failed merger attempts. On Monday, the airline said it had filed a Chapter 11 bankruptcy petition after working out terms with bondholders.
5d
on MSN
Spirit Airlines files for bankruptcy after failed merger with JetBlue
Spirit Airlines filed for Chapter 11 bankruptcy Monday, just days before the holidays and months after it failed to merge ...
5d
on MSN
Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
Spirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the ...
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