Spirit announced a restructuring plan that includes substantial support from a majority of its bondholders, which have committed to a $350 million equity investment and ...
That playbook produced double-digit operating margins for nine straight years until 2020. But the global pandemic changed the operating environment and travel patterns, and Spirit struggled to adapt.
U.S. carrier Spirit Airlines , long known for its no-frills service, said on Wednesday it was pushing ahead with plans to ...
Washington Spirit owner Michele Kang breaks down the multiyear partnership renewal with CVS Health, and why it's so important for women's sports.
By the time of its Chapter 11 filing, the airline had lost more than $2.5 billion since the start of 2020. While future merger proposals may not be entirely off the table, Spirit signaled ...
NEW YORK (AP) — Discount carrier Spirit Airlines has emerged from bankruptcy protection.