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, ...

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 ...

Carriers like Spirit and Frontier have lost customers to bigger competitors and seen their costs balloon. Some are in financial distress. By Niraj Chokshi Discount airlines reshaped the U.S. aviation ...