Airline and Airport News

As expected, Spirit files for bankruptcy

The budget carrier expects to operate normally during the bankruptcy

Besieged by creditors and weighed down by debt, Spirit Airlines has filed a Chapter 11 bankruptcy petition, hoping to restructure its debt while remaining airborne.

The troubled budget carrier had been hoping to save itself through a merger with JetBlue but a federal judge blocked the deal in January, saying the merger would have cost consumers. Spirit then tried to resurrect an earlier deal with Frontier but that apparently went nowhere.

Spirit has already reached a reorg...

Read article 11/18/2024

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Airline and Airport News

As expected, Spirit files for bankruptcy

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Spirit Airlines looking at bankruptcy filing

The cut-rate carrier has been ailing since the Covid-19 pandemic

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