Generally, airline loyalty points or miles are not transferrable, but Mann said frequent flyer programs are valuable assets that often survive bankruptcies. "That is an asset, at least from the ...

The budget airline points to multiple factors in the choice to file for bankruptcy, with one being the collapse of its $3.8 billion planned merger with JetBlue Airways in January and the impact of ...

Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other ...

Generally, airline loyalty points or miles are not transferrable, but Mann said frequent flyer programs are valuable assets that often survive bankruptcies. "That is an asset, at least from the ...