WSJ’s Alison Sider explains. SpiritAirlines has been in discussions with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways ...
SpiritAirlines 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 ...
SpiritAirlines 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 ...
SpiritAirlines 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, SpiritAirlines 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 ...
SpiritAirlines’ 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 ...
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 SpiritAirlines. Shares in the low-cost carrier plummeted ...
Oct 4 (Reuters) - Shares of SpiritAirlines (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 ...
Regulators turned down the JetBlue-SpiritAirlines 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 ...
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