Biggest U.S. budget airline files for bankruptcy protection

NAMPA / Xinhua

2024-11-18

NEW YORK, Nov. 18 (Xinhua) -- Spirit Airlines, the biggest U.S. budget airline, said on Monday it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue. Spirit has lost more than 2.5 billion U.S. dollars since the start of 2020 and faces looming debt payments totaling more than 1 billion dollars over the next year, a......

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