Spirit Airlines stock plunges 59% as company reportedly preps bankruptcy filing
Spirit Airlines ( SAVE) stock plunged as much as 64% early Wednesday, the most on record, as the budget airline explores a deal with creditors to restructure its debt amid a reported threat of bankruptcy after merger talks with Frontier collapsed.
Spirit Airlines announced on Thursday that it will furlough 330 pilots at the end of January next year. The canary ...
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Spirit management also has disclosed plans to reduce its expenses by $80 million early next year, mostly through cuts in ...
Spirit Airlines is in constructive discussion with its creditors and continues to explore strategic alternatives to improve ...
However, the airline has faced financial strain in recent months, including the sale of 23 planes for $519 million and ...
If we assume that the airline labor shortage is over and air travel demand will remain stable, then it is possible Spirit ...
A Spirit Airlines fight came under sustained gunfire as it came into land on Monday, forcing the pilot into an emergency ...
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