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 planning to file for bankruptcy, stock plummets after merger collapse
Spirit Airlines is reportedly planning to file for bankruptcy following the collapse of a proposed merger with Frontier Airlines that sent its stock into rapid decline.
Broward-based Spirit Airlines prepares for bankruptcy reorganization
In the clearest sign yet that bankruptcy is on the itinerary, Spirit Airlines warned early Wednesday that it is preparing for a "statutory restructuring" if it successfully renegotiates terms with its bondholders.
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.
JetBlue stock soars as Spirit mulls bankruptcy
Shares in Queens-based JetBlue were soaring by about 16% in early trading today as shares in competitor Spirit Airlines tumbled following reports the ultra-low-cost carrier is preparing to file for bankruptcy protection.
Spirit Airlines shares plunge on bankruptcy speculation
A Wall Street Journal report Tuesday evening said a bankruptcy filing is expected to happen within weeks, as talks with Frontier Airlines to possibly buy Spirit ... experience. The Spirit saga began in February 2022, when the airline announced it would ...
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.
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 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 ...
Why JetBlue Rallied Today
JetBlue could certainly use the help. Outside of the big four airlines, other smaller players have struggled to remain ...
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 ...
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 ...