Spirit Airlines is in talks about a potential takeover with alternative investment firm Castlelake, according to CNBC.
With its creditors looking for proof that bankrupt Spirit Airlines has made progress in its financial restructuring plan, ...
Spirit Airlines’ pilots are appealing directly to the airline’s bondholders to keep the carrier afloat as it navigates Chapter 11 bankruptcy. A loss of financial support could push the company into ...
On a single winter day in early January 2026, one struggling carrier managed to account for nearly a third of all canceled ...
The immediate access to $50 million will allow Spirit to stay afloat in the short-term. The airline's creditors are meeting Wednesday and it is widely expected that they will discuss Spirit’s third ...
Struggling low-cost carrier Spirit Airlines secured a major victory in bankruptcy court on Friday as it continues its latest Chapter 11 restructuring process. The court officially awarded the airline ...
This surprising development highlights the intersecting crises of financial distress, engine shortages, and market ...
In the midst of its ongoing bankruptcy restructuring, Spirit Airlines received a second round of funding in its credit agreement with senior secured noteholders. A cash infusion of $50 million is now ...
Bankruptcy is a funny thing; it can actually resurrect previously failed business plans, and that's exactly what might happen with Spirit Airlines second Chapter 11 in a year. Last year, the federal ...
Relatively few people fly Spirit Airlines – but the company could still affect how much you pay for your holiday travel, even if recent government-mandated flight cancellations end. For years, Spirit ...