Spirit Airlines, which advocates low-cost air ticket sales, recently declared Chapter 11 bankruptcy due to insurmountable losses.

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NEW YORK (AP) — Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday.

Spirit Airlines (SAVEQ) announced on Tuesday that it has received approval from the United States Bankruptcy Court for the ...

Let's take a deeper look at how travel and airfare prices have risen over the past few years and evaluate how prices might ...

Spirit, like many other airlines, chased growth, but did so by adding more than $2 billion in debt between 2020 and 2023.

The disparity in size between the low-priced airlines and the top firms underscores a fissure in the industry separating ...

COLUMBIA, S.C. — Budget travel airline Allegiant Air is expanding service with 44 new nonstop routes in three new cities -- ...

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

"It is in the best interests of the company to perform its obligations under the RSA and pursue the Chapter 11 plan of ...

Spirit has already cut many routes this year — 32 in September and 24 in November. Multiple US airlines have undergone ...