Spirit is exploring strategic alternatives after its recent restructuring failed to put the budget carrier on a sustainable path.

Time could be running out for Spirit Airlines to continue operating, which would be bad news not only for its employees and customers but for all people seeking low-priced flights. For decades, the discount carrier has helped push prices down for domestic flights.

Spirit Airlines CEO Dave Davis addresses employees after an SEC filing showed substantial doubt in the budget carrier's future operations.

Just months after emerging from Chapter 11 bankruptcy, Spirit Airlines is warning about its ability to stay in business.

On Monday, Aug. 18, data from a Spirit Airlines flight showed that the aircraft flew through Hurricane Erin as it was a Category 4 storm off the coast of the Caribbean.

Spirit Airlines says it may not survive another year. Here's how its potential collapse could affect low-cost flights and what it means for travelers seeking affordable airfare.

According to flight tracking site Flightradar24, Flight NK2298, en route from Philadelphia to San Juan, Puerto Rico, took a course that seemingly sliced through the heart of the hurricane.

After cutting its debt during restructuring, Spirit has tried to attract bookings by marketing more upscale products and looking for new ways to cut costs.

U.S. airline operator Spirit Airlines took another hit to its credit rating on Friday after Moody's Ratings downgraded it two notches deeper into junk territory. In a report accompanying the downgrade on Friday,