NCLAT Delhi held that provisions of section 10A of the Insolvency and Bankruptcy Code, 2016 would not apply as the date of ...

In 2024, the non-alc retailer Boisson suddenly shut its doors. In his first interview since the bankruptcy, founder Nick ...

But in the case of cookware maker Instant Brands and the private equity firm Cornell Capital, the devices gave rise to a ...

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel, stiffer competition from bigger ...

Spirit Airlines filed for Chapter 11 bankruptcy protection Monday morning weeks after pulling the plug on two high-profile Louisville routes ...

Spirit Airlines told customers Monday that they should continue feeling comfortable booking flights “now and in the future,” ...

Budget-friendly Spirit Airlines hasn’t reported an annual profit since 2019, and has lost some $2.2 billion since 2020.

Westmoreland County officials are hopeful a stronger Spirit Airlines will emerge from Chapter 11 bankruptcy and is able to ...

Since the start of 2020 the airline has lost more than $2.5 billion and has built up looming debt payments in 2025 and 2026 which total more than $1 billion.

NEW YORK -- Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday. The ...

The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.