A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a failed merger with JetBlue.
South Florida-based Spirit Airlines indicated it is still focusing on recasting the terms of its debt with bondholders, but ...
Spirit Airlines faces potential bankruptcy due to debt restructuring challenges, but bankruptcy isn't the base case scenario.
The budget carrier has been discussing a possible restructuring agreement to be implemented in chapter 11.
Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek to boost revenue and ...
Shares of discount airlines Frontier Group Holdings and JetBlue surged Friday on a report that rival Spirit Airlines is ...
The airline is also negotiating an out-of-court agreement with bondholders to address its financial challenges following the ...
Spirit Airlines’ efforts to restructure its debt and avoid filing for bankruptcy have hit a snag after months of talks with ...
Spirit’s shares sank as much as 42% in premarket trading Friday and its so-called “loyalty bonds,” about $1 billion of 8% ...
Shares in Spirit Airlines (SAVE) sank, after the Wall Street Journal reported that the budget carrier has been discussing a ...
The stock crashed 34% to $1.39 in premarket trading, putting it on course to open at a record low. Even before Friday’s ...