Spirit Airlines has announced layoffs and jet sales amid financial woes. Spirit said in a regulatory filing Thursday that it has identified roughly $80 million of cost-cutting measures that will ...

Spirit said that it expected the proceeds of the sale, along with the discharge of aircraft-related debt, would “benefit its liquidity by approximately $225 million” through the end of next year.

Spirit Airlines is laying off 200 employees, according to a memo from CEO Ted Christie. Getty Images. The layoffs are part of Spirit’s strategy to trim $80 million in annual expenses.

Spirit Airlines is out of bankruptcy—with a plan to continue remaking itself to take on bigger rivals. The budget carrier filed for Chapter 11 in November to restructure looming debt after years ...

Spirit Airlines is going from budget to bougie. The cut-price carrier announced Tuesday that it will offer new premium perks for travelers, including an extra-legroom option and a policy allowing ...

Spirit Airlines has quickly retained a new ... Davis inherits an airline fresh from an expedited Chapter 11 bankruptcy reorganization that saw Spirit shrink through aircraft sales, layoffs and a ...

Spirit Airlines has named a new CEO as the low-fare carrier emerges from Chapter 11 bankruptcy protection, ... Spirit is emerging from bankruptcy protection after a series of layoffs, ...

Spirit Airlines SAVEQ.PK on Thursday appointed Dave Davis as its new chief executive officer, weeks after the U.S. discount carrier emerged from bankruptcy and reconstituted its board.

Spirit Airlines is beginning its next chapter with new leaders at the helm. On the heels of exiting Chapter 11 bankruptcy, the budget carrier has named airline industry veteran Dave Davis to the role ...

Spirit Airlines tapped a rival airline executive as its chief executive officer, part of the struggling budget carrier’s effort to chart a new course after emerging from bankruptcy.