Spirit Airlines Nears Bankruptcy, Creditors May Approve Equity 'Cancellation:' Here's What It...
Shares of Spirit Airlines plunged by 62.73% in after-hours and closed nearly 5.29% lower at $3.22 apiece on Tuesday after the company failed to file its earnings for the quarter ended September 2024.
Spirit Airlines continues 'constructive talks' with creditors
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.
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 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.
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 price target lowered to $1 from $2 at TD Cowen
TD Cowen lowered the firm’s price target on Spirit Airlines (SAVE) to $1 from $2 and keeps a Sell rating on the shares. The firm said in
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 Airlines mulls bankruptcy, sending its stock price into nosedive
Spirit Airlines is considering declaring bankruptcy after a proposed merger with Frontier Airlines fell apart. 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,
BofA moves to No Rating on Spirit Airlines as creditor negotiations continue
BofA is moving to No Rating from Underperform on Spirit Airlines (SAVE) after recent SEC filings indicating that the company was unable to file
US airlines cancel flights to Haiti after Spirit plane hit by gunfire
The flight appeared to be part of what the U.S. Embassy called “gang-led efforts to block travel to and from Port-au-Prince ...
Spirit Airlines scraps quarterly financial report to focus on debt load; report says bankruptcy possible
The Wall Street Journal, citing anonymous sources, reported late Tuesday that the airline was discussing terms of a possible ...
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Spirit Airlines: Liquidation Value Highlights Opportunity In Convertible Debt
If the negotiations succeed, Spirit Airlines expects to continue operations without layoffs or cancellations, but most ...
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Penalty-How late can I cancel my Spirit Airlines flight
U.S. flights allow 24-hour penalty-free cancellation if booked a week in advance. Contact Spirit Airlines for support at (𝟙-𝟠𝟠𝟠-𝟜𝟘𝟠-𝟜𝟞𝟜𝟡. Refundable Spirit Airline ...
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Spirit Airlines Preparing for Bankruptcy: Frequently Asked Questions
Learn more: Do airlines owe you money for delays or cancellations? What will happen to my Free Spirit points? It's too early to say. Free Spirit is the loyalty program for Spirit Airlines.
Airlines cancel flights to Haiti after gunfire hits Spirit airplane over Port-au-Prince
JetBlue, American Airlines and local carrier Sunrise have all suspended flights to the Caribbean nation as violence escalates ...
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Spirit Airlines Nears Bankruptcy, Creditors May Approve Equity 'Cancellation:' Here's What It Means For Investors As Shares Fall With A Thud
Shares of Spirit Airlines plunged by 62.73% in after-hours and closed nearly 5.29% lower at $3.22 apiece on Tuesday after the ...
JetBlue plane apparently struck by gunfire in Haiti continued safely to New York
A post-flight inspection in New York revealed apparent gunfire damage on a JetBlue plane that had just returned from Haiti.