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.
Major airline files for bankruptcy ahead of the holidays: What to know if you booked with this line
The company’s struggles, which have only increased in recent years, started several years ago shortly after the COVID-19 pandemic.
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 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 filed for bankruptcy. Here's what flyers need to know
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 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.
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.
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 airline said customers should not see any disruption to their travel plans while the process unfolds.
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.
Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
Spirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue.
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