A blocked merger with JetBlue, an engine recall and changing consumer habits contributed to Spirit's troubles.
The fact that the DOJ even brought a case to block a merger between two carriers with less than 8% combined market share, ...
Spirit Airlines faces financial turmoil after a failed merger with JetBlue. Revenue dropped significantly despite increased ...
Shares of Spirit Airlines fell by over 30% on Friday, pacing the company’s worst loss since a merger with JetBlue Airways was ...
A Chapter 11 bankruptcy could let Spirit Airlines restructure its debt following a failed merger with JetBlue.
JetBlue Airways Corporation (NASDAQ:JBLU) stock is trading higher on Friday following a report suggesting Spirit Airlines is ...
Spirit Airlines faces potential bankruptcy due to debt restructuring challenges, but bankruptcy isn't the base case scenario.
Spirit shares took a nosedive on news of a possible bankruptcy filing. The budget carrier and its bondholders have discussed ...
Precedent shows that a deal with JetBlue wouldn't have been a safety net for Spirit as most major airline mergers lead to job ...