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Spirit Airlines preparing bankruptcy filing
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 Eyes Bankruptcy as Frontier Talks Fail, WSJ Says
Spirit Airlines Inc. is preparing to file for bankruptcy protection after merger talks with Frontier Group Holdings Inc. broke down, the Wall Street Journal reported.
Spirit Airlines preparing bankruptcy filing after talks with Frontier Airlines collapse: report
Spirit Airlines is preparing to file for bankruptcy protection after merger talks with Frontier Airlines broke down, the Wall Street Journal reported, citing people familiar with the matter. Shares of the company were down 39% at $1.8 after the bell. The stock has fallen nearly 80% this year, while the S&P 500 passenger airlines index jumped 52%.
Spirit Airlines Stock Plunges After Report About Bankruptcy Preparations
Spirit Airlines stock fell by about 36% in afterhours trading after the Wall Street Journal reported that the Florida-based budget airline is in advanced discussions with bondholders to hammer out a bankruptcy plan.
Spirit Airlines continues 'constructive talks' with creditors
Spirit Airlines is in constructive discussion with its creditors and continues to explore strategic alternatives to improve liquidity, the ultra-low-cost carrier said on Tuesday. The negotiations, with a supermajority of the noteholders,
Spirit Airlines Faces Imminent Bankruptcy Filing
Spirit Airlines is on the brink of filing for Chapter 11 bankruptcy protection following the collapse of its merger talks with Frontier Airlines. With more than $3 billion in debt, Spirit is negotiating with bondholders for a restructuring plan that could allow it to continue operations under bankruptcy protection.
Report: Spirit Airlines preparing to file for bankruptcy
The ultra-low cost airline is gathering assets for a bankruptcy plan, which motions could be initiated in coming weeks.
Forbes
1h
Spirit Airlines Shares Crater In After-Hours Trading As It Nears Bankruptcy Deal That Could Wipe Out Shareholders
Spirit
Airlines
shares cratered sharply in after-market trading on Tuesday evening, as the company announced it was in ...
44m
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 ...
11h
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 ...
U.S. News & World Report
8h
Spirit Airlines Prepares to File for Bankruptcy, WSJ Reports
(Reuters) -
Spirit
Airlines
is preparing to file for bankruptcy protection after merger talks with Frontier
Airlines
...
11h
on MSN
One injured after Spirit Airlines plane struck by apparent gunfire in Haiti
A Spirit Airlines plane diverted to the Dominican Republic, and one crewmember was injured when it was apparently struck by ...
9h
Ben Baldanza, Spirit Airlines CEO Who Pioneered Ultralow-Cost Air Travel in the U.S., Dies at 62
He knew his airline offered a stripped-down version of what his competitors did—and he was proud of it.
12h
Haiti's Main Airport Closed After Gangs Shoot at Spirit Airlines Plane
Haiti's main airport remains closed on Tuesday after a Spirit Airlines plane was shot at by gangs while trying to land on ...
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