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At Close: Feb 14, 2025
American spirit exports hit record high in 2024, driven by tariffs
12:16pm, Thursday, 24'th Apr 2025
U.S. spirits exports reached a record $2.4 billion, up 10% compared with 2023. Exports to the European Union increased 39%, driven in large part by uncertainty around tariffs.
Spirit Airlines CEO Ted Christie quits — just months before he was due to get $3.8M bonus
09:51am, Monday, 07'th Apr 2025
The transition comes as the Florida-based low-cost carrier continues to grapple with financial woes and ongoing restructuring efforts.
PG&E Launches Seasonal Aggregation of Versatile Energy (SAVE) Virtual Power Plant Program
01:00pm, Monday, 24'th Mar 2025
First-of-its-kind, proactive peak load shifting and shaping program will dispatch residential home batteries and leverage smart home electrical panels to enhance local grid reliability OAKLAND, Calif.
Savannah Energy has 51.5p share price target from broker Cavendish
11:31am, Tuesday, 04'th Mar 2025
The return to trading of Savannah Energy PLC (AIM:SAVE) after a two-year suspension was flagged by house brokers Cavedish and Shore Capital on Tuesday. Cavendish reinstated its target price of 51.5p
Spirit Airlines snubs Frontier's new merger offer, opts to exit bankruptcy solo
09:51am, Thursday, 30'th Jan 2025
Spirit Airlines has rejected a merger offer with Frontier as it prepares to exit bankruptcy.
Spirit Airlines rejects Frontier's ‘insufficient' bid — and expects to exit bankruptcy this quarter
12:36pm, Wednesday, 29'th Jan 2025
Spirit rejected the proposal as it would not provide the anticipated shareholder value and raised concerns over the timing and successful completion of the deal.
Bankrupt Spirit Airlines Rejects Latest Merger Bid From Frontier Airlines
10:40am, Wednesday, 29'th Jan 2025
Spirit Airlines said in regulatory filings Wednesday that it is rejecting the latest merger offer from Frontier Airlines, and will instead continue with its bankruptcy restructuring plan.
Spirit Rejects Frontier's Bid. Trump Is Already Shaking Up the Airline Industry.
10:20am, Wednesday, 29'th Jan 2025
Frontier made its first offer to buy Spirit in 2022.
Frontier Revives Spirit Merger Talks Citing Stronger Future Together
08:32am, Wednesday, 29'th Jan 2025
Frontier Group Holdings ULCC has proposed a merger with Spirit Airlines SAVEQ through newly issued debt and stock, offering higher recoveries for Spirit's stakeholders than its standalone restructurin
Frontier makes new offer to combine with bankrupt Spirit Airlines — and is rebuffed
07:50am, Wednesday, 29'th Jan 2025
After walking away from a deal twice last year, Frontier is now making an offer involving fresh debt and stock.
Spirit Airlines rejects Frontier's bid, expects to exit bankruptcy in first quarter
07:45am, Wednesday, 29'th Jan 2025
Spirit Airlines on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with rival Frontier Group , saying it was not favorable for the low-cost carrier.
Frontier Airlines proposes merging with fellow budget carrier Spirit — again
07:32am, Wednesday, 29'th Jan 2025
Frontier Airlines said Wednesday it has again proposed combining with Spirit Airlines, which is in bankruptcy.
Spirit Airlines lays off 200 workers in cost-cutting move as firm looks to emerge from bankruptcy
11:30am, Thursday, 16'th Jan 2025
Spirit Airlines is laying off approximately 200 employees as part of an effort to reduce expenses as the company looks to emerge from bankruptcy, the company said. The airline's top executive, CEO Ted
What went wrong for Spirit Airlines?
08:00am, Sunday, 05'th Jan 2025
Spirit Airlines hasn't had a profitable year since 2019, and it's lost more than $2 billion since 2020. It filed for bankruptcy protection in November.
Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy
03:30pm, Tuesday, 19'th Nov 2024
Spirit Airlines was expected to be one of the big travel industry winners after the pandemic. But the no-frills pioneer never found its wings in a changed business and operating landscape.
