US no-frills pioneer Spirit Airlines files for bankruptcy protection
DANIA BEACH, Florida: Spirit Airlines, the U.S. pioneer of no-frills travel, has filed for Chapter 11 bankruptcy protection, citing ongoing financial struggles, failed merger attempts, and looming debt maturities.
The Florida-based carrier plans to restructure its debts with the support of bondholders and expects to exit bankruptcy by the first quarter of 2025.
The airline assured customers that operatio