Emmy Award-winning journalist Kris Van Cleave is the senior transportation correspondent for CBS News based in Phoenix, Arizona, where he also serves as a national correspondent reporting for all CBS ...

Spirit Airlines may liquidate as early as this week due to rising jet fuel prices, according to media reports. The airline has struggled with two bankruptcies and a failed merger with JetBlue.

Spirit Airlines is reportedly on the verge of shutting down as the company struggles to recover from bankruptcy amid rising fuel costs. According to a new report from Bloomberg, the airline could ...

A Spirit Airlines representative on Friday dismissed reports that the company may be at risk of imminent liquidation as "market rumors and speculation." Bloomberg reported Wednesday that Spirit ...

Spirit, a budget airline, could be on the verge of liquidation after rising jet fuel costs and a failed merger with JetBlue. According to a Bloomberg report, Spirit filed for bankruptcy last August — ...

Spirit Airlines has approached the Trump administration about an emergency bailout to keep the beleaguered discount carrier in business and avoid liquidation due to skyrocketing fuel prices, CBS News ...

Spirit Airlines could be on the brink of shutting down entirely, according to a new report, raising urgent questions for travelers across Texas who already hold tickets on the budget carrier.

Rising jet fuel prices are pushing airlines to the brink. One of the most vulnerable companies may not survive the week. Spirit Aviation Holdings Inc. could liquidate as soon as this week, according ...

PHILADELPHIA (WPVI) -- If you're booking a flight or have an upcoming trip on Spirit Airlines, pay close attention. The airline could reportedly liquidate any day now and shut down. Spirit has been ...

A Spirit Airlines plane lands at Hollywood Burbank Airport on April 16 in Burbank, California. (Justin Sullivan/Getty Images) The rising price of jet fuel might be the final nail in the coffin for ...

Spirit Airlines’ exit from bankruptcy appears to be in jeopardy amid multiple reports that its liquidation could be near as the result of spiraling war-driven fuel prices. A Wednesday hearing in U.S.

Higher fuel costs are hitting one United States airline particularly hard—so much so that the carrier could shut down within days, according to reports. Struggling ultra-low-cost carrier Spirit ...