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Search results for: "Spirit Airlines". 13 articles found.
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.
US stocks drifted near their records Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 rose 1.39 points, or less than 0.1%, to 5,985.38. The Dow Jones Industrial...
ABC News - 10 hours 24 min agoSpirit Airlines says it won't announce its quarterly financial results on time because the company is focused on talks with bond holders to restructure its debt...
Quartz - 12 hours 17 min agoAs reports suggest bankruptcy is on the horizon for Spirit Airlines ( SAVE ), the company isn't saying much. In fact, the one thing Spirit Airlinesis saying is that it can't say what's going on ; the company told investors it won't be able to put together a quarterly earnings filing. Read more...
Ben Baldanza, the former CEO of Spirit Airlines who helped pioneer the concept of no-frills flying, has died. The New York Times reports that the 62-year-old, who had amyotrophic lateral sclerosis (aka ALS, or Lou Gehrig's disease), passed away on Election Day at his home in Arlington, Virginia, according to...
ABC News - 13 hours 28 min agoSpirit Airlines says it won't announce its quarterly financial results because the company is focused on talks with bond holders to restructure its debt...
The airline reported a revenue decrease of $61m compared to the same time last year...
The airline has been struggling to recover from the pandemic and a failed attempt to sell itself to JetBlue.
Jalopnik - 14 hours 54 min agoSpirit, an airline known for its excellent service and in-flight animal entertainment is gearing up for a bankruptcy filing, according to the Wall Street Journal. Read more...
Wednesday's edition of Forbes Daily covers a Tesla pullback, Trump's hush money proceedings paused, robotaxis expand in Los Angeles, Spirit Airlines tanks and more.
Quartz - 16 hours 48 min agoSpirit Airlines ( SAVE ) stock was sinking sharply to barely above $1 per share early Wednesday, after a report late Tuesday indicated that the ultra-low-cost carrier is preparing to file for bankruptcy. Read more...
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.
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