Spirit Airlines will be reducing its flight capacity by a staggering 25% year-over-year, bringing with it a wave of job cuts starting in November, according to a company memo. The devastating ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

This week, Spirit Airlines will end service to nearly a dozen cities. The bankrupt low-cost carrier is cutting staff, grounding planes and slashing its flight schedule as it searches for a route back ...

Spirit Airlines has reached a series of proposed deals with its principal aircraft leasing firm that would deliver a cash infusion to the troubled budget carrier, according to filings in U.S.

This is read by an automated voice. Please report any issues or inconsistencies here. Spirit Airlines, the ultra-low-cost carrier known for its bright yellow planes and basic fares, plans to furlough ...

The budget airline said it would furlough hundreds of employee as it waded through its second bankruptcy in a year. By Niraj Chokshi Spirit Airlines plans to furlough a third of its flight attendants ...

Spirit Airlines, the budget-friendly airline that has experienced recent financial turmoil, is furloughing more than 1,000 flight attendants ahead of the holiday season. This week, the company said it ...

For years, its bright-yellow planes have been a staple at airports near beaches, theme parks and the Strip in Las Vegas — and a vessel for price-conscious customers to fly on a budget. But with the ...

FORT LAUDERDALE-HOLLYWOOD INTERNATIONAL AIRPORT, FLA. (WSVN) - Spirit Airlines has secured a crucial $475 million deal from several creditors as it enters its second Chapter 11 bankruptcy filling, a ...

Spirit Airlines, the budget carrier that filed for bankruptcy twice this year, is laying off about one-third of its flight attendants, as it cuts flights and restructures the business to reduce costs.