Shares of discount airlines Frontier Group Holdings and JetBlue surged Friday on a report that rival Spirit Airlines is ...
The stock-market reaction to Spirit Airlines’ troubles shows that every cloud can indeed have a silver lining. Shares in ...
Discount carrier Spirit Airlines is reportedly considering a Chapter 11 bankruptcy filing following its failed merger with ...
The Wall Street Journal reported the budget carrier is in talks with bondholdersand other creditors to support a Chapter 11 ...
Shares of Spirit Airlines fell by over 30% on Friday, pacing the company’s worst loss since a merger with JetBlue Airways was ...
The fact that the DOJ even brought a case to block a merger between two carriers with less than 8% combined market share, ...
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Since the merger deal fell apart in January, Spirit has plunged into penny stock territory, dropping from almost $17 per share to its current $1.64 — a 90% decline. JetBlue stock, as the main ...
JetBlue stock is trading higher on Friday following a report suggesting Spirit Airlines is considering filing for bankruptcy.
Spirit Airlines faces financial turmoil after a failed merger with JetBlue. Revenue dropped significantly despite increased ...
A Chapter 11 bankruptcy could let Spirit Airlines restructure its debt following a failed merger with JetBlue.
Spirit Airlines faces potential bankruptcy due to debt restructuring challenges, but bankruptcy isn't the base case scenario.