#Chapter 11 Bankruptcy
Spirit Airlines Slashes International Routes As Network Shrinks Further
Spirit’s international map is shrinking fast with more cuts and fewer frequencies.
How United & American Helped Secure Azul’s Post-Chapter 11 Future
American Airlines and United Airlines commit $200 million each to support Azul's recapitalization, signaling a shift in ...
ALPA Calls On Spirit Airlines’ Bondholders To Provide Funding To Emerge From Bankruptcy
A look at how stable Spirit Airlines' future is.
Struggling Spirit Doubtful Of Its Ability To Survive
Will this low-cost carrier's bright yellow planes disappear from the skies?
Spirit To Shrink Fleet By Nearly 100 Planes In Effort To Become Smaller, Stronger Airline
More trouble at Spirit Airlines as the airline will now cut its fleet size by almost half.
3,000+ Flights Gone: Spirit Airlines Ditches 54% Of Its Las Vegas Flights This Winter
The news comes as the airline filed for Chapter 11 bankruptcy protection for the second time this year.
Why Spirit Airlines Is Exploring Another Restructuring Despite Recent Bailout
One of America's iconic budget airlines is in trouble again.
Spirit Airlines Receives Court Approval To Continue Operations Amid Bankruptcy
The carrier continues to be able to issue and honor tickets, but network and fleet cuts are looming on the horizon.
Spirit Airlines Continues To Weigh Options, Enlists Help From Advisers
With weak demand and dwindling cash reserves, can this airline turn its fortunes around?
Did Spirit Airlines Emerge From Bankruptcy Protection Too Soon?
Indeed, Spirit emerged from bankruptcy protection earlier than expected on the assumption that it could stabilize quickl...
Tariffs Could Cause Spirit Airlines To Cancel Its Airbus Orders
The added cost of tariffs could be too much for the low-cost carrier to bear, given its fragile financial situation.
The End Of Silver Airways? US Trustee Asks Court To Dismiss Chapter 11 Bankruptcy Protection Case
The Bankruptcy Trustee overseeing Silver Airways and Seaborne Virgin Islands, Inc. believes there is no financial way to...
Why Spirit Airlines Is Now Ready To Take On The "New Southwest"
The airline aims to modernize its fleet and enhance customer experience through updated seating arrangements and improve...
Spirit Airlines Gets Investment To Exit Chapter 11 Without A Merger
Spirit's bondholders will assume control under the go-private deal.
Silver Airways Files For Chapter 11 Bankruptcy
The airline expects to complete the process by the first quarter of 2025.
Brazil's GOL Plans $1.5 Billion Capital Injection Strategy To Exit Bankruptcy
The airline entered Chapter 11 bankruptcy earlier this year and has a five-year restructuring plan.
US Bankruptcy Court Approves $1 Billion Loan For GOL Amidst Chapter 11 Process
The Brazilian airline entered Chapter 11 last month.
Now Official: GOL Enters Chapter 11 Bankruptcy Proceedings
Travelers are reminded that their services are scheduled to operate as usual.
SAS Set To Leave Chapter 11 Bankruptcy After 1.5 Years
The Air France-KLM-backed rescue package remains subject to final approvals by US courts in early 2024.
Western Global Airlines Has Filed From Protection Against Bankruptcy
The airline’s CEO said the main priority is to preserve the value of the carrier and protect its employees.