What travelers need to know about Spirit Airlines’ bankruptcy
Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago.
Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago.
The airline hasn’t posted an annual profit since 2019 and lost more than $335 million in the first half of the year.
This year, restaurant bankruptcy filings soared, industry traffic declined and same-store sales disappointed.