Spirit tumbles to record low on report it's exploring a bankruptcy filing. Here's how it got here
A blocked merger with JetBlue, an engine recall and changing consumer habits contributed to Spirit's troubles.
Frontier, JetBlue Stocks Soar on Report of Spirit Airlines Bankruptcy Talks
Shares of discount airlines Frontier Group Holdings and JetBlue surged Friday on a report that rival Spirit Airlines is holding discussions about a possible bankruptcy.
Spirit Airlines reportedly in talks to file for bankruptcy months after merger blocked
The fact that the DOJ even brought a case to block a merger between two carriers with less than 8% combined market share, just shows how uninformed...'
Heard on the Street: Spirit Airlines’ Woes Help Frontier, JetBlue Stock
The stock-market reaction to Spirit Airlines’ troubles shows that every cloud can indeed have a silver lining. Shares in Spirit plummeted about 27% Friday following The Wall Street Journal’s report th
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 blocked earlier this year, after reports indicated the low-cost airline was exploring bankruptcy. Spirit’s shares dropped to just over $1.50 as of around 9:50 a.m. Friday, following an earlier plunge in premarket trading.
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.
Why Airline Stocks Like JetBlue and Frontier Are Soaring Today
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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.
Spirit Airlines stock plummets on report of potential bankruptcy filing
Spirit's potential bankruptcy filing comes after its failed $3.8 billion merger with JetBlue Airways. The transaction was scrapped due to regulatory challenges.
Midday stock movers: Spirit Airlines drops; Rivian down; CVS up
Rivian is also affirming its annual delivery outlook of low-single-digit percentage growth compared with 2023. Rivian pro
Spirit Airlines stock plunges 28% because the end might be near
Spirit Airlines (SAVE) lost more than a quarter of its remaining value Friday — it’s down 28% after investors suspected it might file for bankruptcy soon. The Wall Street Journal reported Thursday that the company is in talks with bondholders about what a debt restructuring might look like.
Spirit Airlines Bankruptcy Chatter Has Critics Blaming Biden: Here's What History Shows About Carrier Mergers
Precedent shows that a deal with JetBlue wouldn't have been a safety net for Spirit as most major airline mergers lead to job ...
Spirit Airlines: Death By A Thousand Cuts
Spirit Airlines faces financial turmoil after a failed merger with JetBlue. Revenue dropped significantly despite increased ...