The airline listed its estimated assets and liabilities in the range of $1 billion to $10 billion each, according to a court filing on Monday.

Well, it’s official, Spirit Airlines has filed for bankruptcy, and who could’ve expected this one?!.... asked nobody. Known for their bright yellow and black logo, cheap flights but expensive luggage policy,

Spirit Airlines said Monday that it's filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic -caused swoon in travel and failed attempts to sell itself to other carriers.