Spirit is struggling to survive. Bankruptcy will likely 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 faces bankruptcy
In a shocking turn of events, Spirit Airlines is reportedly preparing to file for Chapter 11 bankruptcy protection. This news comes on the heels
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 Sinks on Report Frontier Merger Talks Break Down
Spirit Airlines shares plunged Wednesday on a report that the budget carrier is getting ready to file for bankruptcy protection after revived merger talks with Frontier Airlines parent Frontier Group Holdings collapsed.
Spirit Airlines Continues 'Constructive Talks' With Creditors
(Reuters) -Spirit Airlines is in constructive discussion with its creditors and continues to explore strategic alternatives to improve liquidity, the ultra-low-cost carrier said on Tuesday. The negotiations, with a supermajority of the noteholders, have remained productive, advanced materially and are resuming in the near term, it added.
Will Spirit Airlines go bankrupt? Stock price collapses after merger talks with Frontier reportedly end
The embattled discount airline is in rough financial shape, with shares falling 64% in premarket trading on Wednesday. Here’s the latest. Shares in Spirit Airlines (NYSE: SAVE) are trading down over 64% in premarket as of this writing.
Spirit Airlines, which flies out of Logan Airport, may be filing for bankruptcy. Here's what to know
BOSTON - A popular airline that flies out of Boston's Logan Airport is looking at a future that's in jeopardy. Revenue down. CBS News sources said Spirit Airlines is preparing to
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 says noteholder deal, if reached, would cancel equity
Spirit Airlines (SAVE) said last night that its unable to file its quarterly report for the quarter ended September 30 “by the prescribed
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.
Fitch Downgrades Spirit Airlines' Long-Term Credit Rating
(Reuters) - Fitch Ratings on Friday downgraded the long-term credit rating of Spirit Airlines to 'CC' from 'CCC', bringing it ...
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Passengers recall ‘scary’ Spirit Airlines flight from FLL hit by gunfire in Haiti
FORT LAUDERDALE, Fla. – A Spirit Airlines flight from Fort Lauderdale-Hollywood International Airport to Port-au-Prince, ...
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 ...
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Spirit Airlines preparing for possible bankruptcy amid failed merger, financial woes: Report
(WJET/WFXP) — Spirit Airlines is reportedly in advanced talks over a possible bankruptcy filing following a failed merger ...
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Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit Airlines Inc.’s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company ...
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Spirit Airlines stock would be canceled under debt restructuring deal, company says
In the grimmest sign yet for stockholders in financially troubled Spirit Airlines, the South Florida-based discount ...
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Spirit Airlines to file for bankruptcy after merger talks break down
Spirit Airlines is preparing to file for bankruptcy protection, according to a report by the Wall Street Journal. The ...
The Score: Spirit, Tesla, Moderna and More Stocks That Defined the Week
Big pharma stocks needed a shot in the arm after Donald Trump chose vaccine skeptic Robert F. Kennedy Jr. as health secretary ...