Spirit Airlines Files for Bankruptcy After Merger Talks Fail
The budget airline said Monday that it has entered a restructuring agreement with its bondholders to deleverage its balance sheet.
Spirit Airlines files for bankruptcy due to rising losses
Spirit Airlines has filed for bankruptcy protection, citing rising losses, heavy debt, and increased competition in the budget travel market.
Spirit Airlines Files for Bankruptcy as Financial Losses Pile up and Debt Payments Loom
Spirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue
Spirit Airlines' most active bond rallies as equity is wiped out in bankruptcy
Spirit Airlines Inc.'s equity has been wiped out by its bankruptcy announced early Monday, but the company's most active bond is rallying. The company has been handed over to bondholders as part of a
Spirit Airlines files for bankruptcy protection
Spirit Airlines says passengers will be unaffected by its Chapter 11 filing. US budget carrier Spirit Airlines has filed for bankruptcy protection after a long run of financial losses and a series of failed merger attempts.
Spirit Airlines Encourages Customers to Keep Flying Through Bankruptcy
Spirit Airlines Inc. told customers Monday that they should continue feeling comfortable booking flights “now and in the future,” despite the airline filing for bankruptcy.
What Does the Spirit Airlines Bankruptcy Filing Mean for Stockholders?
Spirit Airlines entered chapter 11 Monday after reaching a restructuring deal with bondholders. Here's what that means for owners of Spirit shares. What will shareholders receive? They are set to be wiped out.
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