The Florida-based airline said it has fully drawn down its $300 million revolving credit facility and expects to end the year with more than $1 billion in liquidity. 3. Spirit Airlines shares soar ...

Spirit Airlines shares have plummeted 24.90% since August, ... On the other hand, ... So creditors know that a drawn out bankruptcy will burn through assets on the balance sheet.

Spirit Airlines, the airline of choice for many budget travelers, filed for bankruptcy protection Monday, raising questions about the viability of no-frills airlines in the post-pandemic era, as ...

Now, Spirit is filing for bankruptcy. WSJ’s Alison Sider explains. Spirit Airlines filed for bankruptcy, overcome by stronger competition for budget fares and the carrier’s own hefty debt ...

Travelers with plans to fly Spirit Airlines over the holidays shouldn’t worry, but the airline’s bankruptcy could affect frequent flyers and routes down the line.

Spirit Airlines, on the other hand, made a la carte pricing common in the U.S., with fees for seat assignments, checked bags and other add-ons. It’s a strategy most large airlines, ...

Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the years since the companies began discussing a merger.