Spirit Airlines, which advocates low-cost air ticket sales, recently declared Chapter 11 bankruptcy due to insurmountable losses. The New York Times reported that in a petition to the court ...

Spirit Airlines is a publically traded company ... institutions with the greatest stake in Spirit, The Vangaurd Group owns 9.52 percent and 7.69 percent belongs to BlackRock.

By Niraj Chokshi Spirit Airlines, whose approach to selling cheap tickets without amenities earned it fans and detractors, filed for bankruptcy protection on Monday after a string of setbacks ...