Budget airline Spirit Airlines filed for bankruptcy protection Monday after struggling with declining sales prompted by the ...

The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 ...

Spirit's credit rating has been cut further into junk territory as the possibility of the airline going bankrupt increases.

While Spirit Airlines filed for Chapter 11 bankruptcy ... announced plans to furlough pilots and sell aircraft. In a Securities and Exchange Commission filing last month, the ultra-low-cost ...

Spirit said in a filing announcing bankruptcy protection that it would continue all its normal operations, and that customer ...

The airline hasn’t posted an annual profit since 2019 and lost more than $335 million in the first half of the year.

Spirit Airlines’ shares plunged more than 50% in early trading Wednesday ... The company also furloughed hundreds of its pilots, and it plans to cut additional staff in January.

Financially troubled Spirit Airlines ... to guide pilots through this process and mitigate impacts.” The filing was the culmination of more than four years of difficulty earning profits after ...

Flying could become more expensive ... Frontier Airlines. The Journal reported last month that Spirit was weighing bankruptcy. Spirit shareholders were later encouraged by plans to furlough ...

Spirit Airlines stock (SAVE ... Last month, Spirit said it would furlough more than 300 pilots in January and sell older aircraft in order to cut costs.

Spirit Airlines CEO said customers can continue ... The company also plans to furlough another 330 pilots in January on top of about 200 in September as it slashed routes. But analysts expect ...

Spirit Airlines is preparing to file for bankruptcy protection, The Wall Street Journal reported. Chapter 11 likely means more route cuts, allowing other airlines to raise ticket prices.