Spirit Airlines says it will continue flying as it files for Chapter 11 bankruptcy protection. Monday’s announcement follows years of losses and a failed merger attempt for the low-cost carrier.
After years of financial losses and a failed merger attempt, Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday.
The low-cost carrier announced it has reached a deal with its bondholders to restructure its debts — and expects to continue flying as normal during the bankruptcy process.
