What Spirit’s Bankruptcy Means for US Holiday Travel: QuickTake

Spirit Airlines Inc. joined a lengthy list of US carriers to succumb to financial pressure when it filed for bankruptcy protection Nov. 18. In doing so just before the busiest travel stretch of the year in the US, the company generated anxiety among ticket holders about whether they’d make it to their destinations for the Thanksgiving holiday.

Under Spirit’s so-called Chapter 11 bankruptcy filing, the airline isn’t shutting down but rather reorganizing in an effort to keep the business alive. Spirit told customers that flight operations would continue as normal at the 84 airports it serves and that they could ...