Budget airline Spirit Airlines filed for bankruptcy protection Monday after struggling with declining sales prompted by the ...
When flying ramped back up after the pandemic, airlines found themselves without enough pilots ... Along with offering more premium seats and more inclusive fare bundles, Spirit and Frontier ...
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 ...
While Spirit Airlines filed for Chapter 11 bankruptcy ... announced plans to furlough pilots and sell aircraft. In a Securities and Exchange Commission filing last month, the ultra-low-cost ...
Spirit Airlines has missed its deadline ... The carrier reported on 31 October that it is planning to furlough hundreds more pilots starting on 31 January to match its drastic cuts to passenger ...
Spirit Airlines has filed for Chapter 11 bankruptcy protection, it said Monday morning. In an open letter to customers, the ...
Spirit Airlines is reportedly in discussions ... the airline recently announced it will furlough hundreds more pilots as part of an $80 million cost-cutting plan. Shares of Spirit traded at ...
Spirit Airlines’ shares plunged more than 50% in early trading Wednesday ... The company also furloughed hundreds of its pilots, and it plans to cut additional staff in January.
Financially troubled Spirit Airlines ... to guide pilots through this process and mitigate impacts.” The filing was the culmination of more than four years of difficulty earning profits after ...
Spirit Airlines CEO said customers can continue ... The company also plans to furlough another 330 pilots in January on top of about 200 in September as it slashed routes. But analysts expect ...
Spirit Airlines is preparing to file for bankruptcy protection, The Wall Street Journal reported. Chapter 11 likely means more route cuts, allowing other airlines to raise ticket prices.
Spirit Airlines has filed for Chapter 11 bankruptcy ... That came after Spirit's October announcement that it planned to furlough hundreds of pilots and raise just over $500 million by selling ...