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Spirit Airlines (NYSE: SAVE) looked like it was destined to be merged away after it agreed to be acquired by JetBlue (NASDAQ: JBLU).Now that the deal has been called off, Spirit Airlines is ...
"The smaller Spirit is and the less routes they serve, the less pressure there will be on other airlines in those markets, resulting in overall higher fares," Kelly said. "This isn't good for ...
Budget carrier Spirit Airlines filed for bankruptcy this week, stoking concern about how the financial peril of a low-fare option could impact prices across the industry. The Florida-based company ...
The filing followed years of struggles for the Florida-based airline, which is known for its no-frills, low-cost flights. The airline has lost more than $2.5 billion since the beginning of 2020 ...
Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday. The company told customers they could continue to fly with the airline. Spirit's letter to customers explains the process.
Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other ...