Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses

Spirit Airlines Files For Bankruptcy: See GA Holiday Flights Impacts

Spirit Airlines Files For Bankruptcy: See GA Holiday Flights Impacts - Atlanta, GA - Spirit Airlines sought bankruptcy protection ahead of the Thanksgiving holiday. See what to know in Georgia.

Major US Health Network Files for Bankruptcy

Miami, Florida-based CareMax health care network filed for bankruptcy on Sunday after reportedly being unable to pay back loans amid rising interest rates and other inflationary pressures. CareMax filed its Chapter 11 petition in the U.S. Bankruptcy Court for the Northern District of Texas. The company listed assets in a range of $100 million to $500 million, liabilities between $500 million and $1 billion, and the number of creditors between 5,…

Federal interference: Spirit Airlines files Chapter 11 bankruptcy, as FTC blocks Kroger-Albertson merger

The interference of the government in the private sector is playing out this week in two sectors: Aviation and grocery. In January, a judge blocked JetBlue’s acquisition of ultra-low-cost Spirit Airlines for $3.8 billion. On Monday, Spirit filed filed for Chapter 11 bankruptcy protection, unable to recover from the onerous, federally mandated Covid travel restrictions, and […] The post Federal interference: Spirit Airlines files Chapter 11 bankr…

Discount carrier Spirit Airlines files for bankruptcy as restructuring of global airline industry accelerates

Although corporate executives, union officials and the media claimed there would be no effect on normal operations, the bankruptcy filing is a prelude to a savage cost-cutting campaign.

Spirit files for bankruptcy as no-frills carriers struggle to capitalize on the travel boom

Low spirits… , known for budget fares and bare-bones service, became the first major US carrier to file for bankruptcy in over a decade. Despite all the extra fees it charges for bags, seat selection, and...

America’s Spirit Airlines files for bankruptcy protection

Spirit Airlines said it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused fall in travel, stiffer competition from bigger carriers, and a failed attempt to sell the airline to JetBlue.