Spirit is struggling to survive. Bankruptcy could mean other airlines raise their prices.
Spirit Airlines is reportedly considering bankruptcy protection. That's likely to mean flying fewer routes, allowing competitors to raise prices.
Spirit Airlines Stock Tumbles Amid Bankruptcy Report. What It Means for Shareholders.
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,
Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
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 stock plunges 59% amid report of bankruptcy deal
Spirit Airlines' stock plunged 59% on Wednesday as the budget airline worked with creditors to restructure debt amid reports the company could file for bankruptcy protection within the next few weeks.
Spirit Airlines shares plunge on bankruptcy speculation
Spirit Airlines’ shares plunged more than 50% in early trading Wednesday, following a report that it is preparing to file bankruptcy — and the company’s announcement that it won’t report quarterly financial results because it’s scrambling to reach a deal with creditors.
Spirit Shares Crater In After-Hours Trading As It Nears Bankruptcy Deal
Spirit Airlines disclosed it is in talks with its creditors for a restructuring deal, hours after it was reported that the company’s merger talks with rival low-cost carrier Frontier had fallen through.
JetBlue Airways Shares Rise 16% as Potential Spirit Bankruptcy Plays Out
JetBlue Airways shares rose 16% as investors digested news on competitor Spirit Airlines in a move that has potential to shake up the airline sector. Shares were trading around $7.30. The stock is up 32% on the year and is on pace for its largest percentage increase since Feb.
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Spirit Airlines faces bankruptcy
First international flight entering Guatemala of the Spirit airline from Miami, opening of La Aurora airport, after 6 ...
Spirit prepares for bankruptcy filing after failed Frontier talks: report
Spirit Airlines is reportedly planning to file for bankruptcy protection in a matter of weeks after revived merger talks with ...
Goodbye to Spirit, the Worst Airline That Holds Some of My Best Travel Memories
I spent most of 2023 either flying to LA to visit my partner or to a mutually agreed-upon second meetup location, like New ...
Spirit Airlines Delays Release of Q3 Financial Results as Debt Restructuring Talks Heat Up
Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with ...
Spirit Aero gets help from Boeing, Airbus to prop up weak finances
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
Ben Baldanza, Spirit Airlines CEO Who Pioneered Ultralow-Cost Air Travel in the U.S., Dies at 62
He knew his airline offered a stripped-down version of what his competitors did—and he was proud of it.
Newly launched Spirit Christmas stores by Spirit Halloween are now open
Spirit Christmas stores, a new concept by Spirit Halloween, are now open for business. Six of eight locations across the ...
Spirit Airlines Continues 'Constructive Talks' With Creditors
(Reuters) -Spirit Airlines is in constructive discussion with its creditors and continues to explore strategic alternatives ...
FAA blocks U.S. flights to this country with a ‘do not travel’ advisory after gunfire struck Spirit Airlines plane
The FAA banned flights to Haiti because a Spirit Airlines plane was shot at while it was trying to land in Port-au-Prince, ...