As Spirit Airlines faces financial trouble, Kevin O’Leary argues a bailout would hurt competition and reshape the future of affordable air travel.

Spirit has not confirmed a liquidation, though it has filed for bankruptcy protection twice. Experts predict rising fuel costs could push the company to close its doors for good.

Spirit Airlines seeks emergency funding from the Trump Administration as rising jet fuel costs threaten liquidation. What to know if you have a flight.

Spirit said non-ticket revenue, which accounts for the myriad fees long associated with its rock-bottom fares, came in "several dollars lower than anticipated" per passenger. The carrier is struggling with weak fares, an oversupplied U.S. market, an engine ...

Budget carrier Spirit Airlines has warned that it could soon go out of business unless it successfully implements a number of major changes. Spirit emerged from Chapter 11 bankruptcy in March. However, in a filing this week with the Securities and Exchange ...

Spirit Airlines, which has been forced to pull planes from service due to potential aircraft engine problems, has informed the investment community it has reached a compensation deal with the manufacturer that could improve the company’s 2024 cash ...

Spirit Airlines’ financial woes could provide an opportunity for United Airlines to solve its problems with Boeing. Spirit, a discount carrier, said today it plans to defer deliveries of Airbus A320s that were due to be delivered in the next two years.

Spirit's roots in Detroit go back decades, with the airline launching as a charter service in 1983. On Friday, CBS News learned that the airline could cease operations as soon as Saturday. "I think that if without spirit or without like cheaper airlines,