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Spirit Airlines stock plunges
Spirit Airlines shares plunge on report of potential bankruptcy filing
Shares of Spirit Airlines plunged 37% to a record low on Friday after a report that the ultra low-cost carrier was discussing a potential bankruptcy filing. The airline has been losing money despite strong travel demand, raising doubts about its ability to manage looming debt maturities.
Spirit Airlines Stock Tumbles 35% Amid Bankruptcy Report. Why It’s in This Mess.
The stock crashed 34% to $1.39 in premarket trading, putting it on course to open at a record low. Even before Friday’s plunge, Spirit shares were down 86% for the year with inv
Spirit Airlines Explores Bankruptcy Filing
Spirit Airlines has been in discussions with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways, according to people familiar with the matter.
2d
on MSN
Spirit Airlines stock plunges 38% on report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy could let Spirit Airlines restructure its debt following a failed merger with JetBlue.
VI Consortium
7h
Spirit Airlines Faces Potential Bankruptcy as Oct. 21 Deadline to Renegotiate $1 Billion Debt Looms
The airline is grappling with over $1 billion in debt, and a looming October 21 deadline to renegotiate that debt has sparked ...
2d
on MSN
Spirit Airlines Shares Plunge 30% As Airline Reportedly Explores Bankruptcy
Shares of Spirit Airlines fell by over 30% on Friday, pacing the company’s worst loss since a merger with JetBlue Airways was ...
1d
Spirit Airlines: Bankruptcy Risk Is Real, But Fears Remain Overstated
Spirit Airlines faces potential bankruptcy due to debt restructuring challenges, but bankruptcy isn't the base case scenario.
2d
Spirit Airlines Struggles to Reach Rescue Deal to Avoid Bankruptcy
Spirit Airlines’ efforts to restructure its debt and avoid filing for bankruptcy have hit a snag after months of talks with ...
2d
on MSN
Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more
Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek to boost revenue and ...
1d
Spirit Airlines: Death By A Thousand Cuts
Spirit Airlines faces financial turmoil after a failed merger with JetBlue. Revenue dropped significantly despite increased ...
1d
on MSN
The Score: Stellantis, Nike, Spirit Airlines and More Stocks That Defined the Week
Spirit shares took a nosedive on news of a possible bankruptcy filing. The budget carrier and its bondholders have discussed ...
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