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Spirit Airlines files for bankruptcy

CNN on MSN · 17h

Spirit’s bankruptcy won’t impact holiday travelers, experts say. But frequent flyers and routes could be impacted next year

If you planned on traveling aboard Spirit Airlines for the holidays, which filed for bankruptcy Monday, you shouldn’t worry. Spirit plans to operate business as usual as it begins to work on its $3.1 billion in long-term debt, according to previous ...

Spirit Airlines cleared $5.4M in retention awards before bankruptcy

The budget airline’s CEO will receive a $3.8 million retention payment while its CFO will get $175,000, according to an SEC filing.

ABC News on MSN · 11h

What does the Spirit Airlines bankruptcy mean for airfares? Experts weigh in.

The disparity in size between the low-priced airlines and the top firms underscores a fissure in the industry separating budget carriers in select markets from the major airlines that dominate flight offerings nationwide, Mike Boyd, president of aviation consulting firm Boyd Group International, told ABC News.

Michele Kang, Washington Spirit

CNN on MSN · 13h

Washington Spirit owner Michele Kang pledges $30 million to US Soccer

Businesswoman and Washington Spirit owner Michele Kang has pledged $30 million to US Soccer, the largest donation ever made to the federation’s women’s and girls’ programs.

USA TODAY Sports on MSN · 14h

US Soccer gets $30 million from Spirit owner Michele Kang to boost women's teams

U.S. Soccer received a $30 million donation from Washington Spirit owner Michele Kang. Here's how the money will be used

Spirit owner Michele Kang makes $30M donation to U.S. Soccer

Michele Kang will invest $30 million in U.S. Soccer over five years, making the Washington Spirit's owner the biggest contributor ever to girl's and women's soccer initiatives through the national program.

19hon MSN

Spirit Airlines CFO faces ‘uphill battle’ as airline navigates Chapter 11 process

The largest U.S. budget airline, Spirit, announced on Monday it has filed for Chapter 11 bankruptcy protection. The company ...

12h

Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy

Spirit Airlines was expected to be one of the big travel industry winners after the pandemic. But the no-frills pioneer never ...

The Economist1d

Spirit’s woes reveal the dismal state of America’s budget airlines

Few will therefore have much sympathy for the tribulations of Spirit Airlines, perhaps America’s most despised low-cost ...

20hon MSN

Spirit AeroSystems to sell Fiber Materials business for $165M

Spirit AeroSystems (NYSE:SPR) on Monday announced a deal to sell its Fiber Materials business to Tex-Tech Industries for ...

Reuters on MSN7h

Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead

Airbus carrying out due diligence talks on Spirit assets Planemaker planning to carve up troubled supplier with Boeing ...

1don MSN

Spirit Airlines bankruptcy filing not expected to impact service Arnold Palmer Regional Airport

Spirit Airlines announced that it has filed for Chapter 11 bankruptcy protection and will attempt to reboot itself.

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