Spirit Airlines declares bankruptcy: How it impacts holiday travelers

Airports across the country, including those in the nation’s capital, are bracing for one of the busiest holiday travel seasons. Spirit Airlines, one of the nation’s largest budget carriers, has filed for Chapter 11 bankruptcy, raising concerns for some travelers.

Spirit Airlines files for bankruptcy

Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday.

Thanksgiving and holiday travel trends in 2024: What you need to know

According to the U.S. Department of Transportation, U.S. airlines carried 853 million passengers in 2022, which was up from 658 million in 2021. The Sunday after Thanksgiving annually ranks as one the busiest and hectic days to fly in the entire year.