The US's Spirit Airlines reportedly may seek Chapter 11 bankruptcy protection as it grapples with more than US$1 billion in debt due to be renegotiated by October 21.

Shares of Spirit Airlines plunged 37% to a record low on Friday after a report that the ultra low-cost carrier was discussing ...

The airline is grappling with over $1 billion in debt, and a looming October 21 deadline to renegotiate that debt has sparked ...

Spirit Airlines’ efforts to restructure its debt and avoid filing for bankruptcy have hit a snag after months of talks with bondholders failed to result in a deal, according to people with knowledge ...