Lightning is believed to have triggered the flow of fire-suppressing foam at a Spirit Airlines maintenance facility in ...

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.

Spirit reported a net loss of $1.23 billion last year. Photo Credit: Markus Mainka/Shutterstock Spirit Airlines has emerged from Chapter 11 bankruptcy, having improved its balance sheet with ...

Spirit Airlines said Wednesday it formally has exited Chapter 11 bankruptcy proceedings “with significantly less debt and greater financial flexibility” after the South Florida-based carrier ...

Spirit Airlines has emerged from its Chapter 11 restructuring, having reduced its debt by approximately $795 million.

A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private company.

Spirit Airlines (OTC: SAVEQ), Inc. (NYSE:SAVE), currently trading at $0.34 per share with a market capitalization of $448 million, has announced the adjournment of a key Chapter 11 bankruptcy case ...

As part of the restructuring process, Spirit Airlines submitted a pre-arranged Chapter 11 plan of reorganization and its accompanying disclosure statement on November 26, 2024.

Spirit Airlines has obtained pledges from its leading lenders to provide up to $300 million in financing for operations after the carrier exits Chapter 11 bankruptcy proceedings.

Spirit Airlines announced it will cut 200 jobs in an effort to reduce costs after filing for bankruptcy in November. The airlines filed for Chapter 11 bankruptcy protection due to challenges with ...

Spirit Airlines ( (SAVEQ) ) has provided an update. Spirit Airlines has filed for Chapter 11 bankruptcy protection, with proceedings being administered in the Southern District of New York.

Spirit Airlines (OTC: SAVEQ) Inc. (NYSE:SAVE) has reported an event of default under its financial obligations, automatically accelerating the maturity of its debts due to its voluntary Chapter 11 ...