What does the Spirit Airlines bankruptcy mean for airfares? Experts weigh in.
The disparity in size between the low-priced airlines and the top firms underscores a fissure in the industry separating budget carriers in select markets from the major airlines that dominate flight offerings nationwide, Mike Boyd, president of aviation consulting firm Boyd Group International, told ABC News.
Spirit Airlines declared bankruptcy. Can you still fly, and other questions answered
Spirit Airlines declared bankruptcy Monday, but your holiday travel plans shouldn’t be affected. The budget airline announced it was filing for chapter 11 bankruptcy protection in order to restructure over $1 billion worth of debt,
Spirit Airlines files for bankruptcy
Spirit Airlines said Monday that it's filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic -caused swoon in travel and failed attempts to sell itself to other carriers.
Spirit Airlines cleared $5.4M in retention awards before bankruptcy
The budget airline’s CEO will receive a $3.8 million retention payment while its CFO will get $175,000, according to an SEC filing.
Can I still fly on Spirit Airlines? What flyers should know after company files bankruptcy
The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court filing on Monday.
Spirit Airlines Bankruptcy: What It Means for Your Upcoming Flights
The company has reassured passengers that its Chapter 11 bankruptcy will not affect their bookings and that staff will still be paid.
Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
What Spirit Airlines' Bankruptcy Means for Your Money
Spirit Airlines tells customers that its bankruptcy will not impact their travel plans. Find out why it pays to use a credit card when booking your vacation.
Spirit Airlines Files for Bankruptcy Amid Mounting Losses and Debt
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion.
Spirit Airlines files for bankruptcy; local response
Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles, the airline announced Monday, Nov. 18.
Spirit’s bankruptcy won’t impact holiday travelers, experts say. But frequent flyers and routes could be impacted next year
Travelers with plans to fly Spirit Airlines over the holidays shouldn’t worry, but the airline’s bankruptcy could affect frequent flyers and routes down the line.
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Spirit Airlines filed for bankruptcy. What does that mean for travelers?
NEW YORK — Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday. The ...
Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy
Spirit Airlines was expected to be one of the big travel industry winners after the pandemic. But the no-frills pioneer never ...
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Estonia-owned Nordica and Xfly to file for bankruptcy after no investor found
The Republic of Estonia-owned Nordica and Xfly will cease operations after it was announced the companies will be filed for ...