Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.

Spirit Airlines filed for Chapter 11 bankruptcy protection in the Southern District of New York in August. A Reuters report, citing a Dec. 5 court filing in the Southern District of New York, said ...

It has not been the easiest year to be a low-cost airline. In September, Spirit Airlines has filed for bankruptcy for the second time in nine months, while Scandinavian carriers Play and Braathens ...

CHICAGO/NEW YORK, Oct 10 (Reuters) - Spirit Airlines' financial troubles reveal that going upscale is not a panacea for the challenges facing low-cost carriers, which are grappling with mounting ...

After filing for bankruptcy less than a year ago, Spirit Airlines is going through the same process again after a failed reorganization of the struggling discount airline, the company said Friday. The ...

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