A Chapter 11 bankruptcy could let Spirit Airlines restructure its debt following a failed merger with JetBlue.
Shares of Spirit Airlines plunged 37% to a record low on Friday after a report that the ultra low-cost carrier was discussing ...
Spirit Airlines faces potential bankruptcy due to debt restructuring challenges, but bankruptcy isn't the base case scenario.
Spirit shares took a nosedive on news of a possible bankruptcy filing. The budget carrier and its bondholders have discussed ...
Shares of discount airlines Frontier Group Holdings and JetBlue surged Friday on a report that rival Spirit Airlines is ...
Spirit Airlines shares are tumbling 40% in premarket trading Friday as the carrier reportedly is exploring a bankruptcy ...
Spirit’s shares sank as much as 42% in premarket trading Friday and its so-called “loyalty bonds,” about $1 billion of 8% ...
The budget carrier has been discussing a possible restructuring agreement to be implemented in chapter 11.
The stock-market reaction to Spirit Airlines’ troubles shows that every cloud can indeed have a silver lining. Shares in ...
Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek to boost revenue and ...
Shares of Spirit Airlines fell by over 30% on Friday, pacing the company’s worst loss since a merger with JetBlue Airways was ...