Spirit is struggling to survive. Bankruptcy will likely mean other airlines raise their prices.
Spirit Airlines is reportedly considering bankruptcy protection. That's likely to mean flying fewer routes, allowing competitors to raise prices.
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.
Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit Airlines Inc.’s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company warned that its equity would be wiped out as part of a restructuring deal that it’s currently negotiating with its creditors.
Spirit Airlines Moves Toward Bankruptcy Filing After Frontier Drops Merger Bid
The budget carrier is in advanced discussions with bondholders over a filing that could occur within weeks.
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 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 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.
Spirit Airlines price target lowered to 50c from $3 at Barclays
Barclays lowered the firm’s price target on Spirit Airlines (SAVE) to 50c from $3 and keeps an Underweight rating on the shares. The
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, 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 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 delays release of Q3 financial results as debt restructuring talks heat up
Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with ...
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Spirit Airlines Employee Goes OFF On Coworker In Epic Philly Airport Fight: “Imma Dropkick Your A**”
Combine those elements with their claim to be a bargain traveler’s dream, only to charge added fees at the approximate rate that Olivia Colman’s Mrs. Scrubitt does to Timothée Chalamet’s Willy Wonka, ...
FAA blocks U.S. flights to this country with a ‘do not travel’ advisory after gunfire struck Spirit Airlines plane
The FAA banned flights to Haiti because a Spirit Airlines plane was shot at while it was trying to land in Port-au-Prince, ...
Spirit Airlines continues 'constructive talks' with creditors
Spirit Airlines is in constructive discussion with its creditors and continues to explore strategic alternatives to improve ...
Spirit Airlines flight from Florida to Haiti hit by gunfire while trying to land, diverts to Dominican Republic
A Spirit Airlines flight from Florida was damaged by gunfire en route to Haiti and diverted to the neighboring country of the ...