Spirit Airlines faces potential bankruptcy due to debt restructuring challenges, but bankruptcy isn't the base case scenario.

Shares of discount airlines Frontier Group Holdings and JetBlue surged Friday on a report that rival Spirit Airlines is ...

Shares of Spirit Airlines fell by over 30% on Friday, pacing the company’s worst loss since a merger with JetBlue Airways was ...

The budget carrier has lost more than 85 percent of its value since it failed to merge with JetBlue Airways earlier this year ...

The stock-market reaction to Spirit Airlines’ troubles shows that every cloud can indeed have a silver lining. Shares in ...

A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a failed merger with JetBlue.

By Pratyush Thakur (Reuters) -Spirit Airlines shares slumped 40% before the bell on Friday after the Wall Street Journal ...

Spirit Airlines shares are tumbling 40% in premarket trading Friday as the carrier reportedly is exploring a bankruptcy ...

Budget carrier has been discussing a possible restructuring agreement to be implemented in chapter 11.

The Wall Street Journal reported the budget carrier is in talks with bondholdersand other creditors to support a Chapter 11 ...

Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek to boost revenue and ...