Articles tagged “bankruptcy”

The unexpected change in Spirit’s leadership comes shortly after the ultra-low-cost carrier emerged from Chapter 11 bankruptcy.

Spirit’s capacity will be down 16% for the second quarter as it makes network adjustments post-bankruptcy.

A U.S. bankruptcy judge approved Spirit’s restructuring plan to emerge from bankruptcy as a private company, just a week after the ultra-low-cost carrier rejected Frontier’s proposal for a merger.

Remote Year said it was closing, upsetting many customers who had paid for future trips as digital nomads. Two CEOs are pointing fingers at each other. It's the vendors in emerging markets who will likely be hurt most.

The beleaguered ultra-low-cost carrier filed for bankruptcy this week. Here is what executives are proposing for the airline post-bankruptcy.

Spirit made headlines Monday morning when it announced it was filing for a Chapter 11 bankruptcy — here’s what you need to know.

The bankruptcy filing comes as the carrier recorded increasingly steep losses post-pandemic.

The Journal reported that Spirit is looking to bankruptcy after talks with Frontier about reviving a merger broke down.

As Cox & Kings re-enters a competitive, technology-driven market, the brand faces the challenge of regaining customer trust while appealing to a new generation of travelers. The big question: Can Wilson & Hughes breathe new life into a legacy brand?

Some Wall Street analysts had speculated that if Spirit wasn’t able to reach refinance or extend the deadline on a credit card processing agreement, then bankruptcy could have been on the table.