That certainty is hardly surprising, given the outperformance of premium products for the past couple of years, and that ...

After a domino effect of smaller airlines filing for bankruptcy protection in the fall of 2025, the first airline shutdowns ...

While passenger numbers continued to fall at the end of the year, Harry Reid International Airport had its third highest ...

Citing problems with Pratt & Whitney powerplants for the Airbus A320neo twinjets that comprise the majority of its fleet, Spirit Airlines ceased operations at Denver International Airport (DEN) in ...

Spirit Airlines explores a private equity takeover as it struggles to avoid another bankruptcy amid ongoing financial ...

Castlelake’s aviation track record centers on asset-backed investing and credit. In August 2025, the firm launched Merit ...

Spirit Airlines is reportedly in talks with investment firm Castlelake over a potential takeover as the carrier seeks a path ...

Although bankruptcy is often the beginning of the end for many airlines, compared to businesses in less expense-heavy industries, some occasionally manage to emerge from insolvency with a new funding ...

Castlelake is a private, alternative investment manager that can best be described as a fund that invests in asset-backed ...

Citadel co-founder Ken Griffin on Wednesday blamed the Biden administration for the rejected JetBlue merger and its impact on ...

A struggling budget airline may soon be sold. That’s the word from CNBC, which reported Thursday that Spirit Airlines is in ...

Spirit Airlines has drawn fresh ​interest from a potential buyer, with investment firm Castlelake entering talks to acquire ...