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.

The disgruntled shareholder accused that Spirit Airlines' bankruptcy was an intentional move for the benefit of its executives. The impact may, however, be larger for smaller players that do ...

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