Key Takeaways Shares of discount airlines Frontier Group Holdings and JetBlue soared on a report that rival Spirit Airlines ...
The fact that the DOJ even brought a case to block a merger between two carriers with less than 8% combined market share, ...
A blocked merger with JetBlue, an engine recall and changing consumer habits contributed to Spirit's troubles.
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The airline is grappling with over $1 billion in debt, and a looming October 21 deadline to renegotiate that debt has sparked ...
A Chapter 11 bankruptcy could let Spirit Airlines restructure its debt following a failed merger with JetBlue.
Spirit Airlines is considering filing for bankruptcy after mounting financial losses, according to the Wall Street Journal.
JetBlue (JBLU) stock is surging amid reports that Spirit Airlines (SAVE) may file for Chapter 11 bankruptcy protection ...
Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways, the Wall Street Journal reported on Thursday ...
The budget carrier has been discussing a possible restructuring agreement to be implemented in chapter 11.
Spirit Airlines shares are tumbling 40% in premarket trading Friday as the carrier reportedly is exploring a bankruptcy ...
The budget carrier has lost more than 85 percent of its value since it failed to merge with JetBlue Airways earlier this year ...