Spirit Aviation Inc. (FLYY)

United Airlines and Frontier are planning new routes regularly flown by Spirit, which last week filed its second bankruptcy in less than a year.

Spirit Airlines said it is ending service to a dozen U.S. cities, a week after filing for bankruptcy for a second time in less than a year. The first bankruptcy came in November 2024.

Spirit Airlines will cut several routes in October amid bankruptcy proceedings while United and Frontier airlines announced new flights to capitalize on the opportunity.

Spirit Airlines is cutting flights to a slew of cities after it filed for bankruptcy protection last week for the second time in less than a year. United Airlines said it's adding flights in case Spir...

After Spirit filed for bankruptcy for a second time, Frontier is set to benefit. Deutsche Bank analysts upgraded Frontier's stock rating, and its share price jumped 14.5%.

One airline stands to gain from Spirit Airlines' recent bankruptcy filing, as a network overlap may soon go away.

Companies on the move in today's trading.

Spirit Airlines disclosed bonuses of over $1 million each for four executives. It comes after the struggling budget airline filed for bankruptcy for the second time in 10 months.

Spirit Airlines enters Chapter 11 restructuring process again while assuring customers that flights and services will continue operating normally.

The move comes after the budget airline emerged from bankruptcy in March.