Spirit Airlines is facing renewed financial pressure as rising fuel costs threaten to complicate its efforts to exit bankruptcy, adding uncertainty to its restructuring plan, according to reports. The ...

Spirit Airlines is grappling with expensive jet fuel prices while trying to get out of bankruptcy. The airline is in conversations with creditors about a potential liquidation of the company. Spirit ...

Spirit Airlines ceased operations after surging jet fuel prices and a failed federal bailout left the company with no remaining way out of bankruptcy.

Discussions with creditors include possible liquidation, according to people familiar with the matter.

Shares in Spirit Airlines (NYSE: SAVE) are trading down over 64% in premarket as of this writing. SAVE stock is currently hovering around $1.14 per share, having closed at $3.22 per share yesterday.

Spirit Airlines is preparing to file for bankruptcy protection, The Wall Street Journal reported. Chapter 11 likely means more route cuts, allowing other airlines to raise ticket prices. Analysts say ...