Spirit

Spirit will discontinue service in 11 U.S. markets this fall as part of a broader network adjustment, a spokesperson told AirlineGeeks on Wednesday.

In a court filing, the airline says it had ‘no choice’ after its largest lessor terminated leases on 36 future aircraft and declared default on 37 more.

Spirit said Friday that it has filed for Ch. 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York as part of a restructuring plan.

Struggling ultra-low-cost carrier Spirit has engaged in high-level talks with rival Frontier, Bloomberg reported Thursday.

Struggling ultra-low-cost carrier Spirit has brought on outside advisers as it considers its options, including a possible second restructuring.

Ultra-low-cost carrier Spirit is facing mounting hurdles in its effort to fully rebound from bankruptcy and may be worse positioned than it was 10 months ago.

Allegiant’s move could be an attempt to muscle in on Spirit’s territory as the latter airline faces mounting financial challenges.

Spirit’s ALPA Master Executive Council – which represents roughly 3,000 pilots – has warned members that the airline is in a “fragile financial position.”

After posting a hefty second-quarter loss, the ultra-low-cost carrier is now warning about its ability to continue operating over the next year.

“We are taking necessary steps to ensure we operate as efficiently as possible as part of our efforts to return to profitability,” the carrier said.