Consumer News Spirit Airlines Looking At Bankruptcy Filing

Low-cost airline giant shares ‘substantial doubt’ about its ability to survive

The latest filing reports that Spirit remains in the state of a debtor-in-possession under the supervision of the U.S. Bankruptcy Court for the Southern District of New York and borrowed up to $275 ... Read More

Is JetBlue Really Buying Spirit Airlines?

JetBlue and Spirit Airlines' attempted merger in 2024 fell through, but rumors of another merger attempt keep circulating given Spirit's continued issues. Read More

Spirit says it’s holding talks with possible suitors amid second bankruptcy filing

(WSVN) - Spirit Airlines appears to be holding talks with possible suitors amid their ongoing second bankruptcy petition. According to a recent regulatory filing, the airline said they are looking at ... Read More

Spirit Airlines on track for a $475 million bankruptcy lifeline

Spirit has an agreement with noteholders for up to $475 million in debtor-in-possession financing, the airline's restructuring lawyer said in a court hearing. The airline has also reached an agreement ... Read More

Spirit Airlines Cuts 150 Salaried Jobs in Bankruptcy Exit Push

Spirit Aviation Holdings Inc. is cutting 150 roles in both corporate and operational positions as it seeks to emerge from its second bankruptcy filing in less than a year. Read More

Will ailing Spirit be sold or merge with another airline? What the company says

Spirit Airlines’ dramatic overhaul of its operations could well end with a sale or merger with another carrier, according to a recent regulatory filing. While outlining the sweeping restructuring ... Read More

Spirit Airlines Projects Profit Return in 2027 After Restructuring

CHICAGO (Reuters) -Spirit Airlines said on Tuesday it expects to report losses until 2027 when it estimates to post its first full-year profit in eight years. The ultra-low-cost airline filed for ... Read More

How is Spirit Airlines’ latest bankruptcy impacting Myrtle Beach International Airport?

MYRTLE BEACH — Six years ago, Spirit Airlines travelers accounted for half of the passengers at Myrtle Beach International Airport. Today, it’s down to about 25 percent, though Spirit remains the ... Read More

Spirit Airlines secures $475 million lifeline in bankruptcy court

Spirit Airlines won approval for a $475 million lifeline and a $150 million payment in bankruptcy court, granting some relief as the budget airline struggles to stabilize itself after its second ... Read More