The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...

The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...

Travellers may face fewer budget options and higher prices as competitors step in.

Spirit Airlines, the no-frills budget carrier, announced it would file for Chapter 11 bankruptcy a week before a record ...

After struggling with quarterly losses, looming debt maturities and failed merger attempts, Spirit Airlines has officially ...

Budget airline Spirit Airlines filed for bankruptcy protection Monday after struggling with declining sales prompted by the ...

Spirit Airlines officially filed for bankruptcy protection today Monday after the pioneer of no-frills travel in the U.S.

Budget air carrier Spirit Airlines filed for Chapter 11 bankruptcy protection in New York on Monday, citing $3.6 billion in ...

Swedish battery maker Northvolt is considering US bankruptcy protection as a strategy to address its financial challenges.

Spirit Airlines said all tickets, credits and loyalty points can be used as normal during its period of restructuring.

However frequent flyer programs, like the Free Spirit loyalty program, can be valuable assets that survive bankruptcies, ...

Spirit has entered into an agreement with its bondholders that is expected to reduce total debt and provide increased ...