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.