Spirit Airlines' second bankruptcy filing in less than a year doesn't seem to bode well for the ultra-low-cost carrier ...
Spirit Aviation Holdings Inc is seeking court approval to return 87 airplanes to lessors as the low-cost carrier continues to ...
Spirit Airlines will receive a major financial lift of $475 million after major creditors in its Chapter 11 bankruptcy case ...
NEW YORK -- 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 ...
Spirit emerged from bankruptcy in March by converting about $800 million of corporate debt into equity. Still, it remained burdened with over $2 billion in debt and steep aircraft leasing expenses.
Companies that hit hard times can be sure that plaintiffs attorneys will pore over every press release and every earnings ...
Spirit Airlines To Cut Jobs As It Plans To Reduce Capacity By 25% Amid Financial Woes: Report Budget airline Spirit plans to cut workforce and reduce capacity by 25% and focus on strongest markets ...
NEW YORK (Reuters) - Spirit Airlines plans to shrink its fleet by nearly 100 aircraft, nearly half of its fleet, as part of a sweeping bankruptcy restructuring process, CFO Fred Cromer said on Friday ...
The no-frills, discount carrier only filed its Chapter 11 so it could implement a deal with a small number of bondholders who had agreed to swap their debt for stock. That would slash Spirit’s ...
Spirit AeroSystems also produces major components for Airbus, and the European manufacturer plans to acquire a portion of ...
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