The airline has enlisted financial adviser PJT Partners and is also working with consulting firms FTI and Seabury Airline ...

The airline emerged from bankruptcy back in March, eliminating $795 million in debt; however, the process failed to resolve ...

According to flight tracking site Flightradar24, Flight NK2298, en route from Philadelphia to San Juan, Puerto Rico, took a ...

Weak domestic demand, low cash reserves, and failed restructuring attempts have meant that Spirit Airlines' future remains ...

Spirit is exploring strategic alternatives after its recent restructuring failed to put the budget carrier on a sustainable ...