Brightline Parent Companies File for Chapter 11 as Florida Trains Keep Running
Brightline’s operating railway remains outside the bankruptcy proceedings as parent companies restructure and stakeholders commit $490 million in new financing.
Travel news, destination insight, and practical guides related to chapter 11.
Spirit and Frontier are reportedly back in merger discussions, reviving a deal that once fell apart after Spirit chose JetBlue. The timing reflects growing financial strain…
Just months after emerging from its first bankruptcy in March 2025, Spirit Airlines has filed for Chapter 11 protection again, triggering a comprehensive restructuring to salvage…