Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise cash. In a filing on Thursday with the Securities and Exchange ...
Spirit Airlines announced in a regulatory filing it would sell some of its older planes and eliminate jobs to reduce costs, causing shares of the budget airline—which dropped after reports the ...
Spirit Airlines' woes are growing more apparent as it works to raise cash by selling planes and cutting staff. The budget airline has struggled since its merger with JetBlue was called off in March.
Spirit Airlines plans to sell 23 Airbus aircraft to GA Telesis for $519 million to boost liquidity. The airline is experiencing capacity reductions due to aircraft sales, engine issues, and ...
Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves, as a strike by Boeing U.S. factory workers hammered the finances of its biggest ...
Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC on Thursday. More than ...
Spirit AeroSystems (SPR) is weighing furloughs or layoffs of hundreds more employees if the Boeing (BA) machinists’ strike stretches beyond Nov. 25, CNCB’s Leslie Josephs reports, citing a ...
Aerostructures producer Spirit AeroSystems lost $477 million in the third quarter of 2024 due largely to significant charges taken by the company against several of its financially troubled ...
Boeing Company’s pending acquisition of Spirit AeroSystems Holdings, Inc. poses significant risks and uncertainties, including the potential failure to complete the acquisition or achieve the ...
Spirit Aerosystems (SPR) came out with a quarterly loss of $3.03 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $1.42 per share a year ago. These ...