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 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 and JetBlue planes struck by gunfire in Haiti
Prince, Haiti, were suspended after a Spirit Airlines plane was struck by gunfire while attempting to land there.
JetBlue Shares Soar, Spirit Airlines Mulls Bankruptcy Amid Airline Industry Shakeup
JetBlue shares rose as Spirit Airlines faces potential bankruptcy, affecting investor confidence and industry dynamics.
JetBlue stock soars as Spirit mulls bankruptcy
Shares in Queens-based JetBlue were soaring by about 16% in early trading today as shares in competitor Spirit Airlines tumbled following reports the ultra-low-cost carrier is preparing to file for bankruptcy protection.
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 shares plunge on bankruptcy speculation
Spirit Airlines’ shares plunged more than 50% in early trading Wednesday, following a report that it is preparing to file bankruptcy — and the company’s announcement that it won’t report quarterly financial results because it’s scrambling to reach a deal with creditors.
JetBlue Airways Shares Rise 16% as Potential Spirit Bankruptcy Plays Out
JetBlue Airways shares rose 16% as investors digested news on competitor Spirit Airlines in a move that has potential to shake up the airline sector. Shares were trading around $7.30. The stock is up 32% on the year and is on pace for its largest percentage increase since Feb.
Spirit Airlines to file for bankruptcy
Spirit Airlines stock dropped more than 50% on Wednesday upon news the company may file for bankruptcy. Sen. Elizabeth Warren (D-Mass.) said Monday that President elect-Trump “and his transition team are already breaking” a law on presidential transition.
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Spirit Airlines preparing for possible bankruptcy amid failed merger, financial woes: Report
Spirit had been exploring a merger with Frontier Airlines, another low-cost airline, in hopes of restructuring its debt ...
Spirit Airlines cancels release of Q3 financial results as debt restructuring talks heat up
Spirit Airlines says it won't announce its quarterly financial results because the company is focused on talks with bond ...
JetBlue flight hit by bullets while leaving violence-plagued Haiti — on same day Spirit plane was struck
JetBlue Airways said a New York-bound flight from Haiti was struck by gunfire on the same day a Spirit Airlines plane was ...
FAA bans U.S. airlines from flying to Haiti for 30 days after gunfire hit Spirit, JetBlue, American
All U.S. airlines and other commercial operators have been banned from flying into Haiti for at least 30 days, the Federal ...
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 ...
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 ...
Boeing layoffs, Spirit bankruptcy, and the most delayed flights: Airlines news roundup
It turns out that Boeing’s huge layoff plans were not just a strike threat. Spirit Airlines can’t put out an earnings report ...
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The DOJ’s costly mistake: Blocking the JetBlue-Spirit merger leaves travelers paying more”
The U.S. Department of Justice (DOJ) made headlines when it sued to block JetBlue’s planned acquisition of Spirit ...