CLEVELAND, Ohio – Spirit Airlines is suspending nonstop service between Cleveland and Orlando amid talk that the carrier is ...
The airline is grappling with over $1 billion in debt, and a looming October 21 deadline to renegotiate that debt has sparked ...
Spirit Airlines faces potential bankruptcy due to debt restructuring challenges, but bankruptcy isn't the base case scenario.
Shares of Spirit Airlines hit an all-time low in late trading after The Wall Street Journal reported that the budget carrier has been in discussions with bondholders over the terms of a potential ...
Daily Memo: What Could Chapter 11 Mean For Spirit Airlines? is published in Aviation Daily, an Aviation Week Intelligence ...
Spirit Airlines may file for Chapter 11 amid major debts after a failed merger with JetBlue. The airline is saddled with debt of about $3.3 billion. A report of the potential bankruptcy filing ...