Spirit Airlines (SAVEQ) is on the brink of a major transformation after a federal court approved its reorganization plan on February 20, 2025.

After years of shrinking its local presence, Spirit Airlines is now making a five-fold bet on Raleigh-Durham International ...

The ultra-low-cost airline is adding flights to nine more markets in an expansion that bolsters it as the third-largest ...

Spirit Airlines Inc. won court approval to leave bankruptcy via a lender-backed take-private deal after rejecting a takeover offer from rival Frontier Group Holdings Inc.Most Read from BloombergTrump ...

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.

Spirit’s annual loss of roughly $1.2 billion in 2024 is more than double its $558.5 million loss the year prior. The airline ...

Spirit Airlines is reportedly planning to expand its route network by adding 28 new routes. However, as part of its updated ...

Spirit Airlines is reducing its capacity by 16% overall, with significant cuts at key airports like LaGuardia and Los Angeles ...

Bill Franke, chair of Frontier's board of directors, said in a January statement that its proposal would provide more value than Spirit's standalone plan to emerge from bankruptcy. While Spirit ...

Pilots at Spirit, Frontier, and Allegiant make less than those at mainline airlines, but can still earn a base pay of up to ...

The offer was a significant drop from the $580 million in take-back debt and 26.5% equity that Frontier reportedly offered Spirit in the summer of 2024 before Spirit's bankruptcy announcement.

WASHINGTON — Spirit Airlines has again rejected a third takeover bid from budget rival Frontier, saying that it would focus on its own plan to emerge from bankruptcy and stabilize its finances.