Beleaguered carrier Spirit Airlines may get a lifeline out of bankruptcy. The low-budget carrier is in talks with Castlelake, a global alternative investment firm with approximately $33 billion in ...

Spirit Airlines is in talks with investment firm Castlelake for a potential takeover of the discount airline, CNBC has learned. The struggling budget airline filed for Chapter 11 bankruptcy protection ...

A last-ditch plea from Spirit Airlines pilots to its employers’ creditors shows stakeholders are worried about the bankrupt airline’s immediate future—and possibly a sign that America’s largest ...

Spirit Airlines presented a mixed financial picture in a monthly operating report for November, as the company appears stressed but not immediately imperilled. On one hand, the company burned about ...

Two of the largest low-cost carriers in the United States are once again discussing the possibility of combining into a single airline. As it navigates a second bankruptcy restructuring in 2025, ...

Dec 16 (Reuters) - Bankrupt Spirit Aviation Holdings (FLYYQ.PK), opens new tab is in discussions to merge with Frontier Group Holdings (ULCC.O), opens new tab, Bloomberg News reported on Tuesday, ...

CHICAGO, Dec 15 (Reuters) - Spirit Airlines (FLYYQ.PK), opens new tab said Monday it has secured an additional $100 million in emergency financing to support its operations and restructuring efforts ...

The immediate access to $50 million will allow Spirit to stay afloat in the short-term. The airline's creditors are meeting Wednesday and it is widely expected that they will discuss Spirit’s third ...

Spirit Airlines has agreed to transfer two gates at Chicago O’Hare International Airport (ORD) to American Airlines in exchange for $30 million. Spirit, working its way through a Chapter 11 ...

Boeing has finalized the acquisition of Spirit AeroSystems to reinforce aviation safety and aircraft quality while supporting stability across Boeing’s commercial production and supply chain ...

The aerospace company is buying Spirit AeroSystems, which makes the bodies of the 737 Max jet, two years after a part of that plane blew away during a flight. By Niraj Chokshi Boeing said on Monday ...

Spirit Airlines has committed to retaining up to 28 A320neos and A321neos, along with up to 78 older A320-family jets, upon emerging from Chapter 11 bankruptcy proceedings – a substantial reduction ...