Spirit Aviation Holdings, Inc., the parent company of Spirit Airlines, has regretfully announced that the company has started an orderly winding down of its operations, effective immediately. All Spirit flights...
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Spirit Airlines has filed a Restructuring Support Agreement (RSA) and Plan of Reorganisation with the U.S. Bankruptcy Court for the Southern District of New York that outlines a strategy to...
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Spirit Airlines has this week unveiled a restructuring plan in a US Bankruptcy Court aimed at transforming the US low-fare carrier into a smaller, more specialised operator focused on high-demand routes...
Read MoreEirTrade Aviation, an aviation asset management and trading company, has acquired two Airbus A320neos from Spirit Airlines in partnership with RESIDCO, an aviation lessor. At the age of four and...
Read MoreUS low-fare operator Spirit Airlines is reportedly in discussions with the alternative investment firm Castlelake regarding a potential takeover. The news, first reported by CNBC on Thursday, comes as Spirit...
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The series of dramatic US military strikes inside Venezuela have triggered a wave of cancellations and operational pivots for low-fare carriers. The European Aviation Safety Agency (EASA) has advised against...
Read MoreSpirit Airlines has now received approval from the U.S. Bankruptcy Court for the Southern District of New York for first day motions after the announcement of entering Chapter 11. With...
Read MoreSpirit Airlines has once again filed for Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. The airline entered Chapter 11 in November 2024 to...
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Spirit Airlines’ share price plummeted by nearly 50 per cent after the US low fare carrier warned that there is "substantial doubt” that it will be able to continue trading...
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The main players in the U.S. low-fare carrier sector are struggling to remain commercially viable, despite a temporary boost from falling fuel prices, according to IBA, the leading aviation market...
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