The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt ...

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

The low-cost airline filed for bankruptcy protection Monday. It will continue to operate as it seeks to restructure its debt.

Spirit, the biggest U.S. budget airline, filed a Chapter 11 bankruptcy petition after working out terms with bondholders. The ...

The Justice Department blocked a merger with JetBlue, and the result will be less competition, higher fares, and laid-off ...

Spirit Airlines filed on Monday for Chapter 11 bankruptcy protection, months after a federal judge blocked the budget airline ...

The airline filed for Chapter 11 in New York listing assets and liabilities of between $1 billion and $10 billion, according ...

The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 ...

The announcement comes before the busiest travel weekend, Thanksgiving, but the airline assured its customers that the ...

The airline hasn’t posted an annual profit since 2019 and lost more than $335 million in the first half of the year.

Budget airline Spirit was soaring in 2023 as Frontier and JetBlue engaged in a bidding war to buy out the smaller airline.

The bankruptcy comes 10 months after a federal judge in ... deal would lessen competition by eliminating one of the ...