The airline expects to emerge from bankruptcy by early 2025. CEO Ted Christie assured passengers that the restructuring ...
Whether you fly with Spirit or you don’t, the airline’s recent Chapter 11 bankruptcy filing indicates larger shifts in ...
Spirit Airlines filed for bankruptcy protection on Monday after several failed merger attempts. But the Broward-based ...
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion.
Carrier wrongly thought that breakneck growth and aggressive discounting were enough to create a competitive moat.