Latest in Airlines Bankruptcy
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Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.Business - The New York Times - 2 hours ago -
Spirit Airlines files for bankruptcy
Spirit Airlines has filed for bankruptcy protection following its failed merger with JetBlue, an engine recall that forced dozens of its jets to be grounded and weaker than expected sales. Spirit ...Top stories - CBS News - 10 hours ago -
Spirit Airlines files for Chapter 11 bankruptcy protection
A federal judge had blocked the budget airline's proposed merger with JetBlue.Top stories - ABC News - 10 hours ago -
Flights not impacted after Spirit Airlines files for bankruptcy
Failed sales and mergers and an engine recall that forced dozens of jets to be grounded have pushed Spirit Airlines to file for bankruptcy. CBS News senior transportation correspondent Kris Van ...Top stories - CBS News - 6 hours ago -
Budget Carrier Spirit Airlines Files for Bankruptcy
The country’s largest budget carrier will cut its year-end schedule by 20 percent as it struggles to return to profitability.Business - Inc. - 6 hours ago -
What the Spirit Airlines Bankruptcy Could Mean for Travelers
Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter 11 bankruptcy.Business - The New York Times - 3 hours ago -
What Spirit Airlines' bankruptcy filing means for travelers
Spirit Airlines has filed for Chapter 11 bankruptcy protection in the wake of growing debt and a failed merger with JetBlue.Top stories - NBC News - 6 hours ago -
Will Spirit Airlines bankruptcy disrupt holiday travel?
The Spirit Airlines bankruptcy news may not affect holiday travel but could limit some service options in the future due to cost-cutting measures. CBS News MoneyWatch correspondent Kelly O'Grady ...Top stories - CBS News - 3 hours ago -
What does Spirit Airlines' bankruptcy mean for you?
Spirit's bankruptcy filing will affect airfares across the board, whether you fly Spirit or not, experts say.Top stories - CBS News - 1 hour ago -
Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
Spirit Airlines, weighed down by mounting debt, is considering filing for bankruptcy protection.Top stories - CBS News - 5 days ago -
Spirit Airlines files for bankruptcy following mounting debt and a failed merger
Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after struggling with losses, growing debt and a failed merger during the post-pandemic travel lull.Top stories - NBC News - 11 hours ago -
Spirit Airlines files for bankruptcy amid mounting financial losses
Biggest US budget airline says it expects to operate as normal as it works its way through Chapter 11 process. Spirit Airlines said Monday that it has filed for bankruptcy protection and will ...World - The Guardian - 11 hours ago -
What travelers need to know about Spirit Airlines' bankruptcy
Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago.Business - CNBC - 9 hours ago -
Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit Airlines Inc.’s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company warned that its equity would be wiped out as part of a restructuring deal that ...Business - MarketWatch - 5 days ago -
Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses
The airline hasn't posted an annual profit since 2019 and lost more than $335 million in the first half of the year.Business - CNBC - 8 hours ago -
Spirit Airlines files for bankruptcy after tumultuous period in which two attempted mergers fell through
Spirit Airlines filed for voluntary, prearranged chapter 11 bankruptcy early Monday after reaching an agreement with its bondholders, capping a tumultuous period for the low-cost airline in which ...Business - MarketWatch - 5 hours ago -
TGI Fridays Nears Bankruptcy Filing
The casual-dining stalwart has dealt with slowing sales. A deal to purchase the company fell through earlier this year.Business - The Wall Street Journal - October 31 -
The Onion to acquire Infowars out of bankruptcy
Satirical website wins auction for media business controlled by conspiracy theorist Alex JonesBusiness - Financial Times - 4 days ago -
Florida medical device maker Exactech declares bankruptcy
Exactech faces more than 2,000 lawsuits alleging it sold defective knee and hip implants.Top stories - CBS News - October 29 -
How will filing for bankruptcy impact my credit score?
Bankruptcy can help you wipe the financial slate clean — but it can also do some serious damage to your credit.Top stories - CBS News - October 31 -
Judge Clears Path for Tupperware Brands to Exit Bankruptcy
The decision allows for the sale of Tupperware Brands to a group of lenders.Business - Inc. - October 31 -
TGI Fridays Files for Chapter 11 Bankruptcy
The company filed for Chapter 11 bankruptcy protection on Saturday but said its restaurants would remain open while it works on a “restructuring process.”Business - The New York Times - November 2 -
Struggling With Debt? Bankruptcy Can Provide a Second Chance.
Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.Business - The New York Times - November 9 -
No joke: The Onion wins bankruptcy auction for Alex Jones' Infowars
The Onion, the satirical news company that repeatedly spoofed conspiracy theorist Alex Jones, has won the bankruptcy auction for control over his media empire — most notably Infowars, the ...Top stories - NBC News - 4 days ago -
The Onion Buys Alex Jones’s Infowars Out of Bankruptcy
The satirical news site intends to turn Infowars into a parody of itself. But the court overseeing the bankruptcy put a hold on the sale pending a hearing next week.Business - The New York Times - 3 days ago -
The Onion buys Alex Jones' Infowars at bankruptcy auction
Satirical publication The Onion, with the support of Sandy Hook families, purchased the bankrupt site of conspiracy theorist Alex Jones.Top stories - CBS News - 4 days ago -
The Onion buys Alex Jones' Infowars at a bankruptcy auction
Satirical publication The Onion bought the conspiracy theorist outlet Infowars, but now its former owner Alex Jones is going to court to stop the sale. Infowars was auctioned off after a judge ...Top stories - CBS News - 3 days ago -
Northvolt’s future hangs in balance as bankruptcy looms
Troubled European battery maker in race against time to secure short-term fundingBusiness - Financial Times - Yesterday -
The Onion buys Alex Jones' Infowars at a bankruptcy auction
Satirical publication The Onion bought the conspiracy theorist outlet Infowars, but now its former owner Alex Jones is going to court to stop the sale. Infowars was auctioned off after a judge ...Entertainment - CBS News - 3 days ago -
Southwest Airlines Settles Boardroom Fight
Southwest will add five board members as a concession.Business - Inc. - October 25 -
24 Hours in Mumbai With an Airline Pilot
Flight crews see the world in 24- to 48-hour bites between international flights. On this trip, the stop is the crowded city on India’s west coast.Top stories - The New York Times - October 31 -
Empty Tables and Rising Costs Push More Restaurants Into Bankruptcy
Red Lobster, Roti and other chains are closing locations as chapter 11 filings grow.Business - The Wall Street Journal - October 21 -
Reeves wraps up ‘grim’ spending talks amid council bankruptcy fears
Local government expected to suffer further squeeze in chancellor’s first BudgetBusiness - Financial Times - October 23 -
TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.Top stories - CBS News - November 2 -
TGI Fridays Files for Bankruptcy Protection Amid Financial Troubles
Dallas-based TGI Fridays filed for Chapter 11.Business - Inc. - November 3 -
Judge scolds Giuliani for not turning over assets, including car he's driving
Giuliani got a tongue lashing Thursday in federal court after missing a deadline to turn over valuables to two election workers he defamed. He owes the women $148 million in damages.Top stories - CBS News - November 7