Years of losses and two failed mergers have caused the ultra-low-cost carrier’s stock price to tumble 92% in the past year.
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.
Spirit Airlines Inc. filed for bankruptcy on Monday with a ... Airways Corp., ruling the combination would harm ...
Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since 2020 and faces looming debt payments totaling ...
Spirit declined to comment on the matter. The company's stock price cratered after news surfaced of the potential bankruptcy filing, tumbling nearly 55% to $1.46 in morning trade. In October ...
Spirit Airlines is preparing to file for bankruptcy protection, The Wall Street Journal reported. Chapter 11 likely means more route cuts, allowing other airlines to raise ticket prices. Analysts say ...
Flying could become more expensive for some passengers if Spirit Airlines falls into bankruptcy ... haul international market and can compete on price thanks to their loyalty programs.
Spirit Airlines is preparing to file for bankruptcy protection, The Wall Street Journal reported. Chapter 11 likely means more route cuts, allowing other airlines to raise ticket prices.
Spirit Airlines is reportedly considering bankruptcy protection. That could mean flying fewer routes, allowing competitors to ...
Barclays lowered the firm’s price target on Spirit Airlines (SAVE) to 50c from $3 and keeps an Underweight rating on the shares. The company earlier this week officially admitted bankruptcy is ...