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By Paul Vieira OTTAWA--Honda Motor said it is postponing by about two years an $11 billion electric-vehicle manufacturing project in Canada, citing weaker-than-expected EV sales.
Less than one month after Spirit Airlines emerged from a Chapter 11 restructuring process, its CEO and chief commercial officer have stepped down.
Spirit filed for bankruptcy back in November, following years of struggles and mounting debt as it failed to bounce back from the COVID-19 pandemic.
Associated Press Spirit Airlines exits bankruptcy protection as travel demand slows FILE -Spirit Airlines planes parked at the closed George Bush Intercontinental Airport, Jan. 21, 2025, in Houston.
Spirit reported a net loss of $1.23 billion last year. Photo Credit: Markus Mainka/Shutterstock Spirit Airlines has emerged from Chapter 11 bankruptcy, having improved its balance sheet with ...
Spirit Airlines has officially exited Chapter 11 bankruptcy proceedings after shedding a large chunk of debt and receiving a new injection of cash from major creditors who supported its continued o… ...
Big Bear bald eagles Jackie and Shadow are proud parents again after 2 of their eaglets hatched - and the moment was captured on video.
A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private company.
Spirit Airlines disclosed in a Securities Exchange Commission (SEC) filing on 16th January that it has secured up to $300 million in financing from its existing debtholders in its efforts to emerge ...
Spirit Airlines has obtained pledges from its leading lenders to provide up to $300 million in financing for operations after the carrier exits Chapter 11 bankruptcy proceedings.