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20 hours ago · Spirit Airlines' (SAVE) top line is bolstered by an uptick in air travel demand. However, high operating expenses and elevated capital expenditures are a major headwind. Shares were down 41% to ...
1 hour ago · Last updated: 3:25 PM ET, Fri June 7, 2024. According to its CEO, you won’t see Spirit Airlines in bankruptcy court anytime soon. Despite the initial thoughts from airline and financial pundits following a failed merger with JetBlue Airways, Spirit CEO Ted Christie said he has no plans to end up in Chapter 11.
43 minutes ago · S&P Global ratings sounded the alarm on June 5th, warning Spirit could have trouble paying a $1.1 billion loyalty bond due in 2025 and a $500 million convertible note that comes due in 2026.
Jun 8, 2024 · Spirit Airlines' CEO Ted Christie has made it clear that the budget airline is not considering filing for Chapter 11 bankruptcy. His comments, made during the company's annual shareholder meeting, come in the wake of significant challenges and after a failed merger with JetBlue Airways. Christie expressed optimism about Spirit's standalone plan, despite the airline's current struggles.
20 hours ago · A Spirit Airlines aircraft prepares to depart San Diego International Airport in San Diego, California, U.S., January 16, 2024 after a federal judge on Tuesday blocked JetBlue Airways' planned $3. ...
7 hours ago · A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Spirit Airlines CEO Ted Christie said ...
5 hours ago · Earlier this year, Spirit Airlines announced nonstop flights from Columbus to New Jersey, Massachusetts, Myrtle Beach and New York – La Guardia.
