Spirit Airlines’ efforts to restructure its debt and avoid filing for bankruptcy have hit a snag after months of talks with bondholders failed to result in a deal, according to people with knowledge ...
Frontier added 22 new routes in December, including weekly flights from San Francisco International to Eagle County Airport ...
The bargain carrier, which has faced financial difficulty for years, has not seen an annual profit since before the pandemic.
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 ...
South Florida-based Spirit Airlines indicated it is still focusing on recasting the terms of its debt with bondholders, but ...
Spirit’s shares sank as much as 42% in premarket trading Friday and its so-called “loyalty bonds,” about $1 billion of 8% ...
The S&P 500 added 0.9% on Friday, Oct. 4, 2024, as strong September jobs data signaled resilience in the labor market.
The budget carrier has had more difficulty than its rivals rebounding from the COVID-19 pandemic, and it continues to ...
A blocked merger with JetBlue, an engine recall and changing consumer habits contributed to Spirit's troubles.
Shares in Spirit Airlines (SAVE) sank, after the Wall Street Journal reported that the budget carrier has been discussing a ...
The second-largest airline at a major Bay Area airport is reportedly exploring bankruptcy as the low-cost carrier model ...