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In what may be the largest class action settlement in Australian history the government has agreed to pay 475 million dollars in compensation to victims of the coalition government's robodebt scheme.

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The troubled carrier last exited Chapter 11 in March. It said more could be done to stabilize the company with a second filing. By Niraj Chokshi Spirit Airlines filed for bankruptcy protection for the ...

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There's a possibility that this second Chapter 11 reorganization could convert to a Chapter 7 liquidation without sufficient financing. Photo Credit: Ron Adar/Shutterstock Spirit Airlines entered ...

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The airline, known for its low-cost fares, previously emerged from Chapter 11 bankruptcy in March Bailey Richards is a writer-reporter at PEOPLE. She has been working at PEOPLE since 2023 and interned ...