Tag Archives: bankruptcy

Budget carrier Spirit Airlines said Friday that it has filed for bankruptcy protection only months after emerging from a Chapter 11 reorganization. The no-frills airline said it intends to conduct business as normal during the restructuring process, meaning passengers can continue to book trips and use their tickets, credits and loyalty points. The company said its employees and contractors would …

Spirit Airlines Files Second Bankruptcy in Less Than One Year  Bloomberg.com Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year  CNBC Spirit Airlines files for second bankruptcy in a year as financial challenges persist  Reuters Spirit Airlines files for bankruptcy protection again  AP News Spirit Airlines bankruptcy filing: What it means for Labor Day flights, loyalty points, and …

Ssense Seeks Bankruptcy Protection as Luxury E-Commerce Falters  The New York Times Canadian luxury retailer SSENSE to file for bankruptcy protection  BBC Luxury Fashion Seller Ssense to Seek Protection After Clash With Creditors  Bloomberg.com Ssense files for bankruptcy protection under weight of tariffs  Vogue Business Ssense: What Went Wrong  The Business of Fashion Source link

Exclusive | Spirit Airlines Prepares New Bankruptcy Filing  The Wall Street Journal Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year  CNBC Spirit Airlines files for bankruptcy — second time in a year as turnaround fails  New York Post Western Pa. airports on alert as Spirit Airlines faces potential closure  Pittsburgh Post-Gazette No-frills pioneer Spirit Airlines seeks second …

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines on Friday filed for bankruptcy protection, just months after the budget carrier failed to secure better financial footing when it came out of Chapter 11 protection …

Investment author Michael Gayed speaks on the Federal Reserve’s role in the great financial crisis, investment opportunities and more on ‘Making Money.’ Bravo Brio Restaurants LLC, the parent of Bravo! Italian Kitchen and Brio Italian Grille, filed for Chapter 11 bankruptcy protection for the second time in five years, citing the “acute financial distress” facing the industry. The company filed …

Spirit Airlines Hires Advisors As Second Bankruptcy Looms 5 Months After Exit  View from the Wing Exclusive | Spirit Airlines Engages Advisers to Explore Repeat Restructuring  The Wall Street Journal Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy  CNBC Spirit Downgraded After Borrowing Cash to Reduce Default Risk  Bloomberg.com Spirit Airlines’ battle for survival  Travel Weekly Source link

Another national restaurant chain has filed for Chapter 11 bankruptcy protection. According to Newsweek, Bravo Brio Restaurants — which owns Bravo! Italian Kitchen and Brio Italian Grille — filed for protection Monday. Much like other restaurant chains that filed for Chapter 11 in 2025, the company says rising costs, lower demand and other “insurmountable” pressures on the industry are causes …

(Reuters) -Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations. Adverse market conditions such as elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a tough pricing environment for airline, it said in its quarterly report on Monday. …

Facebook Tweet Email Link Reuters  —  Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations. Adverse market conditions such as elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a tough pricing environment for airline, it said in …