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Spirit Airlines stock sinks
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 might go bankrupt months after calling off a sale to JetBlue—and its stock is in a tailspin
Discount carrier Spirit Airlines is reportedly considering a Chapter 11 bankruptcy filing following its failed merger with JetBlue. The Wall Street Journal reports the airline has been in discussions with bondholders over the possible filing,
2d
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
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 ...
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 ...
2d
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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