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 across the U.S. ultra-low-cost sector.
Spirit Airlines has received court approval for $475 million in financing and reached a new agreement with Airbus and AerCap, marking a major step in its ongoing restructuring process.
Spirit Airlines will cut 87 planes from its fleet as part of a major restructuring effort. The move is expected to reshape operations and reduce costs during its ongoing bankruptcy process.
Spirit Airlines plans to furlough about one-third of its cabin crew as part of sweeping cost cuts under its second Chapter 11 bankruptcy filing, while slashing capacity and exiting select cities.
Spirit Airlines has announced it will withdraw from 11 U.S. cities beginning October 2, 2025, as the carrier enters its second Chapter 11 bankruptcy restructuring in less than a year.
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 its future.
Frontier Airlines announces 20 new routes, many overlapping with Spirit Airlines’ key markets, aiming to capture budget-conscious travelers amid Spirit’s financial challenges.
Spirit Airlines is exploring a second bankruptcy restructuring after its recent efforts failed to stabilize its financial position, raising concerns about its future viability.
Just months after emerging from bankruptcy, Spirit Airlines has issued a dire warning that it may not survive another 12 months without additional funding, as weak demand, shrinking liquidity, and rising costs threaten its viability.