Spirit tumbles to record low on report it's exploring a bankruptcy filing. Here's how it got here
A blocked merger with JetBlue, an engine recall and changing consumer habits contributed to Spirit's troubles.
Spirit Airlines reportedly in talks to file for bankruptcy months after merger blocked
The fact that the DOJ even brought a case to block a merger between two carriers with less than 8% combined market share, just shows how uninformed...'
Frontier, JetBlue Stocks Soar on Report of Spirit Airlines Bankruptcy Talks
Shares of discount airlines Frontier Group Holdings and JetBlue surged Friday on a report that rival Spirit Airlines is holding discussions about a possible bankruptcy.
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. Spirit’s shares dropped to just over $1.50 as of around 9:50 a.m. Friday, following an earlier plunge in premarket trading.
Spirit Airlines might go bankrupt months after calling off a sale to JetBlue—and its stock is in a tailspin
Discount carrier Spirit Airlines is reportedly considering a Chapter 11 bankruptcy filing following its failed merger with JetBlue.
Spirit Airlines stock plunges 38% on report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy could let Spirit Airlines restructure its debt following a failed merger with JetBlue.
Spirit Airlines shares plunge on report of potential bankruptcy filing
By Pratyush Thakur and Rajesh Kumar Singh (Reuters) -Shares of Spirit Airlines plunged 37% to a record low on Friday after a report that the ultra low-cost carrier was discussing a potential bankruptcy filing.
Spirit Airlines Shares Plunge on Potential Bankruptcy Filing
The budget carrier has lost more than 85 percent of its value since it failed to merge with JetBlue Airways earlier this year.
Spirit Airlines Stock Tumbles on News Carrier Is Exploring Bankruptcy Filing
Shares in Spirit Airlines (SAVE) sank, after the Wall Street Journal reported that the budget carrier has been discussing a poss
Spirit Shares Hit All-Time Low Following Report of Potential Chapter 11 Filing
Shares of Spirit Airlines hit an all-time low in late trading after The Wall Street Journal reported that the budget carrier has been in discussions with bondholders over the terms of a potential bankruptcy filing.
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 ...
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.
Spirit Airlines Bankruptcy Chatter Has Critics Blaming Biden: Here's What History Shows About Carrier Mergers
Precedent shows that a deal with JetBlue wouldn't have been a safety net for Spirit as most major airline mergers lead to job ...
Why Airline Stocks Like JetBlue and Frontier Are Soaring Today
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Spirit Airlines: Death By A Thousand Cuts
Spirit Airlines faces financial turmoil after a failed merger with JetBlue. Revenue dropped significantly despite increased ...
What's Going On With JetBlue Stock Friday?
JetBlue stock is trading higher on Friday following a report suggesting Spirit Airlines is considering filing for bankruptcy.