Major airline planning Chapter 11 bankruptcy in coming weeks
The international airlines industry has been struggling since the Covid-19 stalled air travel beginning in 2020 with dozens ...
Spirit Air Nears Bankruptcy That Would Wipe Out Shareholders
Spirit Airlines Inc. is closing in on a deal with creditors that would restructure its crushing debt load in bankruptcy court ...
Sun Sentinel1d
Spirit Airlines stock would be canceled under debt restructuring deal, company says
Spirit’s stock closed Wednesday at $1.31 after plunging from $3.22 in the wake of the statement and a fresh report from the ...
The Independent1d
Spirit Airlines ‘prepares to file for bankruptcy after Frontier merger talks break down’
This would be carried out in a Chapter 11 bankruptcy process, people with knowledge of the matter told Bloomberg. If an ...
JetBlue Airways Shares Rise 16% as Potential Spirit Bankruptcy Plays Out
JetBlue Airways shares rose 16% as investors digested news on competitor Spirit Airlines in a move that has potential to shake up the airline sector. Shares were trading around $7.30. The stock is up ...