We’ve known for a while that things aren't pretty at Spirit, but this latest SEC filing suggests the hangover from its bankruptcy exit could be swift and severe. Spirit Airlines may not survive as a ...
Spirit Airlines has just admitted what many suspected: its future is in serious doubt. The news, delivered in a filing with the Securities and Exchange Commission on August 11, sent the company’s ...
Spirit Airlines is in trouble. In an Aug. 11 regulatory filing, the company warned of a potential closure within 12 months if financial results don't improve. And though management sought the ...
Relatively few people fly Spirit Airlines – but the company could still affect how much you pay for your holiday travel, even if recent government-mandated flight cancellations end. For years, Spirit ...
Nevada could potentially lose a significant number of low-cost flights after Spirit Airlines warned it's at risk of shutting down within the next year. The company noted in an Aug. 11 filing with the ...
The immediate access to $50 million will allow Spirit to stay afloat in the short-term. The airline's creditors are meeting Wednesday and it is widely expected that they will discuss Spirit’s third ...
It is unlikely that Spirit Airlines will return to the NYSE in the near future, either because it will be purchased by a larger airline, or because the NYSE will want to see better financial ...
Carriers like Spirit and Frontier have lost customers to bigger competitors and seen their costs balloon. Some are in financial distress. By Niraj Chokshi Discount airlines reshaped the U.S. aviation ...