Spirit Airlines is back in bankruptcy. What it means for travelers.

Spirit Airlines' financial tailspin has been shaking up air travel for budget-conscious fliers — and more turbulence is ahead. The Florida-headquartered air carrier known for its no-frills flying and ultra-low-cost fares has filed for Chapter 11 bankruptcy protection twice in less than a year amid a tough market for budget airlines.Throughout the restructuring process, Spirit has cut jobs, downsized operations, and axed a slew of routes, with more to come — leaving travelers with fewer affordable options t ...