Antitrust News

ReutersShivansh Tiwary

Spirit Airlines Files for Chapter 11 Amid Mounting Losses

Spirit Airlines has filed for Chapter 11 bankruptcy protection, aiming to restructure its debt and resume stability by Q1 2025. The ultra-low-cost carrier assures operations will continue uninterrupted as it seeks to emerge from financial distress through pre-arranged agreements with bondholders.

2024-11-18T02:02:15.408361-08:00

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