Shares of Spirit Airlines plunged 37% to a record low on Friday after a report that the ultra low-cost carrier was discussing a potential bankruptcy filing. The airline has been losing money ...
(NEXSTAR) – Spirit Halloween made headlines earlier this week after being lampooned in a sketch on the season premiere of “Saturday Night Live,” during which the retailer was mocked for alle ...
Spirit Airlines’ efforts to restructure its debt and avoid filing for bankruptcy have hit a snag after months of talks with bondholders failed to result in a deal, according to people with ...
Spirit continues to explore out-of-court options to restructure its balance sheet, though bankruptcy has been a larger focus in recent talks with bondholders and other creditors, reported the Wall ...
It’s the B word that no business wants to hear. Bankruptcy. Even a hint can send investors scurrying. Such could be the case with Spirit Airlines. Shares in the low-cost carrier plummeted following ...
Shares in Spirit Airlines (SAVE) sank, after the Wall Street Journal reported that the budget carrier has been discussing a possible restructuring deal to be implemented in chapter 11. In Friday ...
The potential bankruptcy filing comes after Spirit's failed $3.8 billion merger with JetBlue Airways. The transaction was scrapped due to regulatory challenges. Spirit Airlines CEO Ted Christie ...
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