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Spirit Airlines Pursues Bankruptcy
Spirit Airlines takes drastic steps to avoid bankruptcy
In August, Spirit Airlines said it would demote around 100 captains and lay off about 240 pilots. The airline also said it would impose a temporary hiring freeze for pilots and flight attendants and offer current cabin crew voluntary unpaid leave.
Spirit Airlines: From Bankruptcy Rumors To Takeover Talk Tied To Frontier Airlines
Frontier Airlines is revisiting a potential merger with Spirit (SAVE). Read why the acquisition price will likely be much lower than previous offers.
Spirit conducted new merger talks with Frontier amid potential bankruptcy, reports say
Spirit Airlines is reported to have conducted merger talks with a familiar suitor — Frontier Airlines of Denver. Discussions about a deal, which could come through a bankruptcy proceeding, are in
14m
Spirit Airlines, Frontier reportedly revive merger talks amid potential bankruptcy filing
Last week, Spirit said it reached an agreement with its credit card processor U.S. Bank National Association to extend its ...
WJBK
22m
Spirit Airlines plans to sell planes, cut jobs
Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise ...
1d
Spirit Airlines Announces Layoffs, Jet Sales Amid Financial Woes
The budget carrier has identified roughly $80 million of cost-cutting measures that will start to be implemented in early ...
21h
on MSN
Spirit Airlines plans to cut jobs and sell some planes amid looming financial struggles
Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs ...
11h
Spirit Airlines is selling planes to rustle up $500 million in extra cash
The ultra-low-cost carrier said in a regulatory filing Thursday that it has entered into an agreement with aerospace company ...
6d
on MSN
Breeze Airways' CEO David Neeleman Expects Spirit & Frontier Airlines To Retry Merger
In a recent conversation with Simple Flying, Neeleman discussed Spirits current situation, specifically noting that the ...
WLRN
5d
Spirit Airlines has more time to refinance its loans as it borrows more money
Spirit Airlines has been given a two-month extension to refinance about $1 billion of its debt, which was due on Monday. The ...
5d
Stocks of JetBlue, Frontier fall after troubled rival gets a life line
Shares of Spirit Airlines rocketed a record 49% in recent trading, enough to pace all NYSE-listed gainers, after the ...
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