Fewer people are booking leisure trips and tough competition from other carriers are making it hard to hit the money targets, the airline said.

Spirit Airlines executives say the company is struggling to meet the terms of its bankruptcy termination and may be forced to end operations.

On its first day in bankruptcy court last November, Spirit Airlines had a simple message for its employees, customers and ...

Spirit Airlines CEO Dave Davis addresses employees after an SEC filing showed substantial doubt in the budget carrier's ...

After cutting its debt during restructuring, Spirit has tried to attract bookings by marketing more upscale products and ...

Just five months after emerging from Chapter 11 bankruptcy protection, Spirit Airlines is warning about its future ability to ...

Spirit's troubles arise from a convergence of challenges including low domestic leisure travel demand and high ...

Fitch Ratings on Friday downgraded Spirit Airlines long-term credit rating to 'CCC-' from 'CCC+', citing a high likelihood of ...

Spirit Airlines has acknowledged that it may not be able to stay in business. The budget airline may face liquidation instead ...

Although Spirit Airlines emerged from bankruptcy earlier this year, it seems the company is still on shaky financial ground.

Spirit is in dire financial straits, and experts believe its collapse could trigger shifts across the low-cost airline sector ...

"We remain hard at work on many initiatives to protect our unique franchise," CEO Dave Davis said in an email to employees.