Low-cost airline Spirit Airlines was the most prominent airline to file bankruptcy as it filed its Chapter 11 petition on Nov ...

Another US airline has filed for bankruptcy, just one month after the collapse of Spirit. Silver Airways flies to vacation hotspots across Florida and the Caribbean - prompting fears for the fate of ...

Spirit Airlines has obtained pledges from its leading lenders to provide up to $300 million in financing for operations after ...

"During the Chapter 11 process, we will go further and ... Another big U.S. airline, Arlington, Virginia-based US Airways Group, filed for bankruptcy in August, and several smaller carriers ...

Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more.

Joann, the prominent fabric and craft retailer, has filed for Chapter 11 bankruptcy for the second time in less than a year. The Ohio-based company is grappling with significant financial challenges ...

founded in 1886-has initiated voluntary reorganization proceedings in the district of New Jersey under Chapter 11 of the U.S. Bankruptcy Code. The company intends to use the court process to ...

Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it ...

16 (UPI) --The low-cost air carrier Spirit has cut 200 jobs as part of its plan to emerge from bankruptcy ... fees Spirit Airlines files for Chapter 11 bankruptcy A copy of the letter was obtained ...

is pursuing Chapter 11 reorganization. It listed $100 million to $500 million in assets and liabilities, according to property and court records. It filed for bankruptcy on Wednesday, the same day ...

Spirit Airlines is laying off about 200 employees as the company tries to survive amid bankruptcy proceedings. The budget ...

It filed for Chapter 11 bankruptcy protection in March. After finishing the bankruptcy process, then-CEO Scott Sekella said about 95% of the operating 815 stores were turning a profit.