Spirit Airlines stock plunges 38% on report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a failed merger with JetBlue.
Spirit Airlines sidesteps report of potential Chapter 11 bankruptcy filing, remains focused on overhauling debt
South Florida-based Spirit Airlines indicated it is still focusing on recasting the terms of its debt with bondholders, but did not address a national report that it has discussed a Chapter 11
Spirit Airlines Explores Bankruptcy Filing
The budget carrier has been discussing a possible restructuring agreement to be implemented in chapter 11.
Low cost carrier Spirit Airlines struggles to avoid bankruptcy
Spirit’s shares sank as much as 42% in premarket trading Friday and its so-called “loyalty bonds,” about $1 billion of 8% notes due 2025, declined as much as 6 cents on the dollar to 45 cents, according to pricing source Trace.
Spirit Shares Hit All-Time Low Following Report of Potential Chapter 11 Filing
Shares of Spirit Airlines hit an all-time low in late trading after The Wall Street Journal reported that the budget carrier has been in discussions with bondholders over the terms of a potential bankruptcy filing.
Spirit Airlines Stock Tumbles on News Carrier Is Exploring Bankruptcy Filing
Shares in Spirit Airlines (SAVE) sank, after the Wall Street Journal reported that the budget carrier has been discussing a poss
Spirit Airlines might go bankrupt months after calling off a sale to JetBlue—and its stock is in a tailspin
Discount carrier Spirit Airlines is reportedly considering a Chapter 11 bankruptcy filing following its failed merger with JetBlue.
Spirit Airlines shares plunge on report of potential bankruptcy filing
By Pratyush Thakur and Rajesh Kumar Singh (Reuters) -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.
Spirit Airlines stock price takes a nosedive after report of possible bankruptcy. What’s happening with the low-cost airline?
Shares of Spirit Airlines fell significantly in premarket trading today after WSJ reported the low-cost carrier is considering bankruptcy.
Heard on the Street: Spirit Airlines’ Woes Help Frontier, JetBlue Stock
The stock-market reaction to Spirit Airlines’ troubles shows that every cloud can indeed have a silver lining. Shares in Spirit plummeted about 27% Friday following The Wall Street Journal’s report th
Spirit Airlines shares slide after report of possible bankruptcy filing
Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways, the Wall Street Journal reported on Thursday, sending its shares down 30% in extended trading.
Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more
Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek to boost revenue and ...
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Daily Memo: What Could Chapter 11 Mean For Spirit Airlines?
Daily Memo: What Could Chapter 11 Mean For Spirit Airlines? is published in Aviation Daily, an Aviation Week Intelligence ...
Spirit Airlines: Bankruptcy Risk Is Real, But Fears Remain Overstated
Spirit Airlines faces potential bankruptcy due to debt restructuring challenges, but bankruptcy isn't the base case scenario.
Spirit Airlines Bankruptcy Chatter Has Critics Blaming Biden: Here's What History Shows About Carrier Mergers
Precedent shows that a deal with JetBlue wouldn't have been a safety net for Spirit as most major airline mergers lead to job ...
Bay Area airport's second-largest airline flirts with bankruptcy
The second-largest airline at a major Bay Area airport is reportedly exploring bankruptcy as the low-cost carrier model ...