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Spirit Airlines Eyes Bankruptcy
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 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 59% amid report of bankruptcy deal
Spirit Airlines' stock plunged 59% on Wednesday as the budget airline worked with creditors to restructure debt amid reports the company could file for bankruptcy protection within the next few weeks.
4h
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 ...
Yahoo
17h
Spirit Airlines preparing for possible bankruptcy amid failed merger, financial woes: Report
Spirit
had been exploring a merger with
Frontier
Airlines
, another low-cost airline, in hopes of restructuring its debt ...
Sun Sentinel
9h
Spirit Airlines stock would be canceled under debt restructuring deal, company says
The newspaper also said that onetime suitor
Frontier
Airlines
of Denver had walked away from renewed merger talks.
Seeking Alpha
12h
Spirit Airlines: Liquidation Value Highlights Opportunity In Convertible Debt
Spirit
Airlines
, Inc.'s stock plummeted ~60% after
Frontier
Group Holdings, Inc. dropped its acquisition bid, leading ...
Hosted on MSN
17h
Spirit Airlines Once Again Considering Bankruptcy
Spirit
Airlines
is reportedly working with creditors about possible bankruptcy terms after the carrier’s continued ...
1d
Spirit Airlines Shares Crater In After-Hours Trading As It Nears Bankruptcy Deal That Could Wipe Out Shareholders
Spirit Airlines disclosed it is in talks with its creditors for a restructuring deal, hours after it was reported that the ...
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