bankruptcy - GoWanderGuide

Spirit Airlines on track for a $475 million bankruptcy lifeline

Travel NewsOctober 1, 202531Views

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images WHITE PLAINS, N.Y. — Spirit Airlines is making "massive progress" to revitalize the airline, the carrier's restructuring lawyer Marshall Huebner said in a…

Travel News

Spirit Airlines files for Chapter 11 bankruptcy again

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines on Friday filed for bankruptcy protection for the second time in a year, just months after the country's largest budget carrier…

August 31, 202536Views

Travel News

Spirit Airlines fate shaky after avoiding hard decisions in bankruptcy

Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Brandon Bell | Getty Images In March, Spirit Airlines came out of bankruptcy protection in less than four months and entered a worsening landscape. Consumers were holding off booking flights…

August 22, 202538Views

Travel News

Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

A Spirit Airlines plane at New York's LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11 bankruptcy protection in November. "We are executing on plans to rightsize our organization to align with our current fleet…

January 16, 202570Views

Travel News

A look back at U.S. airlines’ wild 2024, from door plugs to bankruptcy

People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It's been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing …

December 29, 202485Views

Travel News

What the Spirit Airlines Bankruptcy Means for Travelers

No-frills carrier Spirit Airlines has filed for Chapter 11 bankruptcy protection, the company has announced. As NBC News reports, Spirit has had a rough few years, characterized by growing debt, quarterly losses, and a failed merger with JetBlue. The bankruptcy filing doesn't mean, however, that the company is going kaput (turns out the Monopoly board…

November 18, 2024106Views

Travel News

What travelers need to know about Spirit Airlines’ bankruptcy

A passenger waits for assistance at the Spirit Airlines check-in counter in the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines …

November 18, 2024106Views

Travel News

Spirit Airlines files for bankruptcy protection after mounting losses

Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines , an icon of budget air travel that reshaped the industry, has filed for bankruptcy protection after years of mounting losses, a failed merger…

November 18, 202484Views