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Spirit Airlines files for bankruptcy

In attempts to prevent a bankruptcy filing, Spirit announced in October that staff layoffs would take place as part of $80 million in cost-saving measures. It also said it had reached an agreement to sell 23 jets to GA Telesis, an aviation services company, for $519 million.

The New York Times · 5d

Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years

The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.

Hosted on MSN · 5d

How Spirit Airlines Went From Industry Maverick to Chapter 11 Bankruptcy

The budget carrier’s pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt the business.

5don MSN

Spirit Airlines files for bankruptcy after failed merger with JetBlue

Spirit Airlines filed for Chapter 11 bankruptcy Monday, just days before the holidays and months after it failed to merge ...

5don MSN

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the ...

Can I still fly on Spirit Airlines? What flyers should know after company files bankruptcy

The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court ...

NerdWallet3d

Spirit Airlines Bankruptcy: Frequently Asked Questions

This comes after a merger agreement between Spirit Airlines and JetBlue Airlines fell through earlier in 2024. Restructuring during the Chapter 11 process will allow Spirit to continue ...

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