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At Close: Feb 14, 2025
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.
NYSE to Commence Delisting Proceedings Against Spirit Airlines, Inc. (SAVE)
04:15pm, Monday, 18'th Nov 2024
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common st
What the Spirit Airlines bankruptcy will mean for flyers
03:30pm, Monday, 18'th Nov 2024
Spirit has filed for bankruptcy protection after years of financial struggles. Transcript: Conway Gittens: Wall Street looked to the bond market for guidance on Monday following the biggest weekly sto
Spirit Airlines Files for Bankruptcy, Bondholders to Take Over
01:53pm, Monday, 18'th Nov 2024
Spirit Airlines filed for bankruptcy with a plan to hand over control to bondholders after failing to agree on a merger with rivals. Jonathan Randles reports.
‘You can continue to book and fly': Spirit Airlines says it will operate normally during Chapter 11 bankruptcy
12:21pm, Monday, 18'th Nov 2024
Spirit Airlines announced Monday that it will enter prearranged Chapter 11 bankruptcy proceedings with backing from a supermajority of its bondholders.
Spirit Airlines files for bankruptcy after tumultuous period in which two attempted mergers fell through
06:48am, Monday, 18'th Nov 2024
Spirit Airlines Inc. filed for a voluntary, pre-arranged Chapter 11 bankruptcy early Monday, capping a tumultuous period for the low-cost airline in which efforts to merge with two rivals fell through
Spirit Airlines files for bankruptcy under creditor-backed restructuring
06:37am, Monday, 18'th Nov 2024
Spirit Airlines Inc has filed for bankruptcy protection under a bondholder-backed restructuring plan aimed at slashing debt. Under the pre-agreed deal, unveiled on Monday, bondholders will provide $30
Budget Carrier Spirit Airlines Files for Bankruptcy
06:35am, Monday, 18'th Nov 2024
Spirit Airlines (SAVE) said Monday it filed for bankruptcy protection and reached an agreement to restructure its debt with its bondholders.
Spirit Airlines Files for Bankruptcy. What It Means for Flights.
06:17am, Monday, 18'th Nov 2024
Spirit said Monday that it has entered a restructuring agreement with its bondholders to reduce the debt on its balance sheet.
Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
06:08am, Monday, 18'th Nov 2024
The last bankruptcy by a major US carrier ended when American Airlines emerged from Chapter 11 protection and simultaneously merged with US Airways in December 2013.
