Topic
corporate-bankruptcy
2 stories related to this topic, newest first.
CNBCfinance46 days ago
Spirit Airlines Shuts Down and Cancels All Flights
Spirit Airlines ended 43 years of service on Saturday, canceling 277 flights and eliminating 17,000 jobs. Frontier Airlines forecast revenue gains from reduced competition while JetBlue expanded at the former Spirit hub.
Semaforfinance51 days ago
Spirit Airlines Ends Shutdown Talks After Rejecting $500M Government Bailout
Spirit Airlines is set to cease operations after a proposed $500 million federal bailout deal failed amid objections from bondholders and funding shortages. The budget carrier, strained by rising jet fuel prices from the Iran War, has filed for bankruptcy twice since 2024. Presid…
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