Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 days or within weeks, sources familiar with the matter confirmed to CBS News. The Wall Street Journal first reported the looming bankruptcy filing.
Spirit Airlines shares plunge on bankruptcy speculation
Spirit Airlines’ shares plunged more than 50% in early trading Wednesday, following a report that it is preparing to file bankruptcy — and the company’s announcement that it won’t report quarterly financial results because it’s scrambling to reach a deal with creditors.
Spirit Airlines stock would be cancelled under debt restructuring deal, company says
Stockholders in financially troubled Spirit Airlines, the South Florida-based discount carrier, would see their shares cancelled under a potential debt restructuring agreement that has been under
Spirit Airlines preparing for possible bankruptcy amid failed merger, financial woes: Report
Spirit Airlines is reportedly in advanced talks over a possible bankruptcy filing following a failed merger and continued financial struggles, The Wall Street Journal reported Tuesday evening.
Spirit Airlines Stock Sinks on Report Frontier Merger Talks Break Down
KEY TAKEWAYS Spirit Airlines shares are plunging more than 60% in premarket trading on a report that the budget carrier is getting ready to file for bankruptcy protection after revived merger talks with Frontier Airlines parent Frontier Group Holdings collapsed.
Spirit Airlines stock plunges 60% as company reportedly preps bankruptcy filing
On Tuesday, a Wall Street Journal report said the airline is preparing to file for bankruptcy protection, in a filing that could occur within weeks as its tie-up discussions with Frontier broke down.
American Airlines plane performs 'expedited climb' to avoid mountain in Hawaii
An American Airlines flight had to "perform an expedited climb" in order to avoid a mountain during a routine departure out ...
As airlines avoid Israel, UAE’s FlyDubai and Etihad keep up flights for both diplomacy and dollars
Since the Mideast wars began with Hamas’ initial Oct. 7, 2023, attack on Israel, many international airlines have halted, ...
American Airlines passenger shares photos of man ‘in my lap’ in reclining seat complaint
An American Airlines passenger had an uncomfortable flight after the seat in front of him was reclined ‘in my lap’ ...
Connecticut’s Haitian community concerned after airlines ban travel to Port-au-Prince
Members of Connecticut’s Haitian community are concerned after two U.S. based airplanes were hit by gunfire near ...
Spirit Airlines Delays Release of Q3 Financial Results as Debt Restructuring Talks Heat Up
Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with ...
Spirit Airlines Moves Toward Bankruptcy Filing After Frontier Drops Merger Bid
The budget carrier is in advanced discussions with bondholders over a filing that could occur within weeks.
Spirit Airlines flight from Florida to Haiti hit by gunfire while trying to land, diverts to Dominican Republic
A Spirit Airlines flight from Florida was damaged by gunfire en route to Haiti and diverted to the neighboring country of the ...
Apple wants to help airlines find your lost luggage
Apple is rolling out a new “Find My” location service that will be integrated into airline customer service at companies like ...
Ben Baldanza, Spirit Airlines CEO Who Pioneered Ultralow-Cost Air Travel in the U.S., Dies at 62
He knew his airline offered a stripped-down version of what his competitors did—and he was proud of it.
Aegean Airlines Q3 net profit drops as international traffic falls
Greece's largest carrier, Aegean Airlines , on Thursday posted a 19% fall in quarterly net profit, citing the suspension of ...
Apple taps Delta, United, other major airlines to help track luggage with AirTags, Find My technology
More than 15 airlines including British Airways, Delta Air Lines, Qantas, United, Virgin Atlantic and more global carriers ...
Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit Airlines Inc.’s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company warned ...