WSJ’s Alison Sider explains. Spirit Airlines has been in discussions with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways ...
Spirit Airlines indicated Friday that it is still focused on recasting the terms of its debt obligations with bondholders, but did not address a nationally published report that it has been ...
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 ...
Spirit Airlines has fallen into the precarious situation after the JetBlue Airways (JBLU) merger was blocked by the DoJ and the domestic travel segment ran into overcapacity. The low-cost carrier ...
Spirit Airlines is taking an ax to its route map this fall and cutting 32 routes from cities across the country. Boston and Dallas-Fort Worth — where Spirit faces steep competition from the ...
Besides being known for its budget airfare, Spirit Airlines has built a reputation for covering unique routes across the U.S. But some of those trips are about to disappear from the airline's ...
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 ...
Oct 4 (Reuters) - Shares of Spirit Airlines (SAVE.N), opens new tab plunged 37% to a record low on Friday after a report that the ultra low-cost carrier was discussing a potential bankruptcy ...
Shares of Spirit Airlines (NYSE:SAVE) fell to a new low as Wall Street braces for a possible bankruptcy filing from the beleaguered carrier. The stock went into a freefall late Thursday in ...
Regulators turned down the JetBlue-Spirit Airlines merger and now Spirit is reportedly looking at a bankruptcy filing as it struggles with a $3.3 billion debt load. The Wall Street Journal ...