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Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit Airlines Inc.’s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company warned that its equity would be wiped out as part of a restructuring deal that it’s currently negotiating with its creditors.
Spirit Airlines says noteholder deal, if reached, would cancel equity
Spirit Airlines (SAVE) said last night that its unable to file its quarterly report for the quarter ended September 30 “by the prescribed
Spirit Airlines stock would be cancelled under debt restructuring deal, company says
Stockholders in financially troubled Spirit Airlines, the South Florida-based discount carrier, would see their shares cancelled under a potential debt restructuring agreement that has been under
9m
on MSN
American Airlines plane performs 'expedited climb' to avoid mountain in Hawaii
An American Airlines flight had to "perform an expedited climb" in order to avoid a mountain during a routine departure out ...
41m
As airlines avoid Israel, UAE’s FlyDubai and Etihad keep up flights for both diplomacy and dollars
Since the Mideast wars began with Hamas’ initial Oct. 7, 2023, attack on Israel, many international airlines have halted, ...
8h
on MSN
American Airlines passenger rages over first-class seat that reclines too far: ‘In my lap’
A first-class flyer likely thought he was flying coach after the passenger in front reclined their seat into his lap on an ...
4h
on MSN
Connecticut’s Haitian community concerned after airlines ban travel to Port-au-Prince
Members of Connecticut’s Haitian community are concerned after two U.S. based airplanes were hit by gunfire near ...
1d
on MSN
Spirit Airlines Moves Toward Bankruptcy Filing After Frontier Drops Merger Bid
The budget carrier is in advanced discussions with bondholders over a filing that could occur within weeks.
1d
Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 ...
1d
on MSN
Spirit Airlines Delays Release of Q3 Financial Results as Debt Restructuring Talks Heat Up
Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with ...
2d
on MSN
Apple wants to help airlines find your lost luggage
Apple is rolling out a new “Find My” location service that will be integrated into airline customer service at companies like ...
2d
on MSN
Spirit Airlines flight from Florida to Haiti hit by gunfire while trying to land, diverts to Dominican Republic
A Spirit Airlines flight from Florida was damaged by gunfire en route to Haiti and diverted to the neighboring country of the ...
14h
Aegean Airlines Q3 net profit drops as international traffic falls
Greece's largest carrier, Aegean Airlines , on Thursday posted a 19% fall in quarterly net profit, citing the suspension of ...
2d
Apple taps Delta, United, other major airlines to help track luggage with AirTags, Find My technology
More than 15 airlines including British Airways, Delta Air Lines, Qantas, United, Virgin Atlantic and more global carriers ...
Yahoo
1d
Spirit Airlines preparing for possible bankruptcy amid failed merger, financial woes: Report
(WJET/WFXP) — Spirit
Airlines
is reportedly in advanced talks over a possible bankruptcy filing following a failed merger ...
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