Spirit Airlines' surprising bankruptcy decision turns heads
While the strong brand and loyal customer base make a full closure unlikely, the pool of investors who will be able to pull the struggling airline back on track is limited — and, now that Spirit has rejected a merger offer from Frontier ( FRON) for a second time, got even smaller.
Spirit Airlines has rejected yet another takeover ... the company laid off 200 nonunion managers and support workers. In a message to employees after the recent layoffs, Christie noted that ...
Spirit Airlines on Tuesday rejected Frontier Group’s acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than ...
Spirit Airlines has tightened its rules for passengers. Effective as of last Wednesday, the changes outline unacceptable clothing and appearances for travelers. Section 4.3 of Spirit's Contract ...
Spirit Airlines has obtained pledges from its leading lenders to provide up to $300 million in financing for operations after the carrier exits Chapter 11 bankruptcy proceedings.
Air Wisconsin could cut more than 500 positions at Wisconsin airports. The positions being terminated include pilots, flight attendants, dispatchers, mechanics and more. Affected employees are based ...
The carrier expects to emerge from bankruptcy in the first quarter of 2025. Spirit Airlines has nearly 13,000 employees and 8,000 independent contractors and temporary workers, according to a ...
Clarifying all of this tends to fall to airline employees, including the flight crew. In recent years, Spirit and other airlines have stopped passengers from boarding their flights for all kinds ...
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