Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses

By CNBC | Nov 18, 2024 at 05:12 AM EST

Budget airline Spirit Airlines has filed for bankruptcy protection due to financial struggles, failed merger, and changing consumer preferences. The airline secured a deal with bondholders and plans to continue operations during the restructuring process.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.