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Spirit Airlines stock plunges
Spirit Airlines stock plunges 38% on report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a failed merger with JetBlue.
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.
Low cost carrier Spirit Airlines struggles to avoid bankruptcy
Spirit’s shares sank as much as 42% in premarket trading Friday and its so-called “loyalty bonds,” about $1 billion of 8% notes due 2025, declined as much as 6 cents on the dollar to 45 cents, according to pricing source Trace.
2h
Spirit Airlines: Death By A Thousand Cuts
Spirit Airlines faces financial turmoil after a failed merger with JetBlue. Revenue dropped significantly despite increased ...
14h
on MSN
The Score: Stellantis, Nike, Spirit Airlines and More Stocks That Defined the Week
Spirit shares took a nosedive on news of a possible bankruptcy filing. The budget carrier and its bondholders have discussed ...
14h
on MSN
These Stocks Are Moving the Most Today: Spirit Airlines, Palantir, Rivian, EVgo, CVS, Albemarle, Apogee, and More
A report says Spirit Airlines has been exploring a bankruptcy filing, Palantir stock is headed for another all-time closing ...
15h
Spirit Airlines: Bankruptcy Risk Is Real, But Fears Remain Overstated
Spirit Airlines faces potential bankruptcy due to debt restructuring challenges, but bankruptcy isn't the base case scenario.
16h
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 ...
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