chapter 11 bankruptcy

Spirit Airlines Files For Bankruptcy: This Is How It Will Affect Your Travel Plans?

Spirit Airlines filed for bankruptcy protection on Monday after facing extended financial challenges, including consistent quarterly losses, failed merger attempts, and impending debt deadlines. $3.8 billion merger with JetBlue Airways The airline’s difficulties were exacerbated by the collapse of its proposed $3.8 billion merger with JetBlue Airways in January and...