Former Spirit HQ in Florida Sells for $93M
An entity connected to a Boston investment firm placed the winning bid.
An entity connected to a Boston investment firm placed the winning bid.
Transportation Secretary Sean Duffy said responsibility lies with former President Joe Biden and his Justice Department.
Earlier reports suggested that the carrier was quickly running out of cash.
The Wall Street Journal reported Friday that the carrier is preparing to shut down.
The carrier was on track to emerge from bankruptcy protection this spring or summer.
The carrier debuts its first holiday-themed livery as part of its winter seasonal operations.
Carrier requests full access to filings as Spirit weighs restructuring options.
Airline founder says a merger could provide needed scale for both carriers.
The carrier is looking to slash around $100 million in costs associated with its pilot contract.
Carrier posts $317 million loss and warns it may not remain a going concern within one year.