The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 days or within weeks, sources familiar with the matter confirmed to CBS News. The Wall Street Journal first reported the looming bankruptcy filing.

Spirit Airlines is preparing to file for bankruptcy protection, according to a report by the Wall Street Journal. The move comes after merger talks with Frontier Airlines broke down, leading the budget airline to seek other alternatives as it deals with ...

Spirit Airlines stock tumbled in premarket trading Wednesday following a report that said the ultra-low-cost carrier was preparing to file for bankruptcy protection.The filing could come within weeks,