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Spirit Airlines Moves Toward Bankruptcy Filing
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 and continued financial struggles, The Wall Street Journal reported Tuesday evening.
Spirit
had been exploring a merger with ...
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.
Spirit Airlines Stock Sinks on Report Frontier Merger Talks Break Down
KEY TAKEWAYS Spirit Airlines shares are plunging more than 60% in premarket trading on a report that the budget carrier is getting ready to file for bankruptcy protection after revived merger talks with Frontier Airlines parent Frontier Group Holdings collapsed.
Haiti, Spirit Airlines
Haiti's Main Airport Closed After Gangs Shoot at Spirit Airlines Plane
Haiti's main airport remains closed on Tuesday after a Spirit Airlines plane was shot at by gangs while trying to land on Monday.
US flights to Haiti suspended after Spirit, JetBlue and American planes struck by gunfire
Spirit Airlines and JetBlue planes were apparently struck by gunshots in Haiti. The airlines, along with American, have suspended flights.
FAA Bars US Airlines From Haiti After Gunfire Hits Three Planes
The Federal Aviation Administration said on Tuesday it will bar U.S. airlines from operating in Haiti for 30 days after three commercial jetliners were struck by gunfire on Monday. The FBI said separately it was investigating the incidents and working with law enforcement partners.
Spirit to Receive up to $350 Million in Advance Payments
Spirit to Receive up to $350 Million in Advance Payments From Boeing
Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.
Spirit AeroSystems announces Advance Payments Agreement with Boeing
Spirit AeroSystems (SPR) announces an Advance Payments Agreement with Boeing (BA), in which Boeing has committed to pay Spirit, as advance
Boeing to Pay Spirit AeroSystems Up to $350 Million in Advance
Boeing has agreed to pay Spirit AeroSystems up to $350 million in advance to keep producing products for it as the fuselage supplier works through a liquidity crunch. The jet maker said Tuesday that the advance payments are intended to help Spirit address high levels of inventory and lower operational cash flows.
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3h
Spirit Airlines Stock Tumbles on Bankruptcy Report. What It Means for Shareholders.
Spirit
Airlines stock tumbled in premarket trading Wednesday following a report that said the ultra-low-cost carrier was ...
1h
Spirit Shares Crater In After-Hours Trading As It Nears Bankruptcy Deal
Spirit Airlines disclosed it is in talks with its creditors for a restructuring deal, hours after it was reported that the company’s merger talks with rival low-cost carrier Frontier had fallen ...
MarketWatch
43m
Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit
Airlines Inc. warned Wednesday that its equity would be wiped out as part of a restructuring deal that it’s ...
Yahoo
47m
Spirit Airlines to file for bankruptcy after merger talks break down
Spirit
Airlines is preparing to file for bankruptcy protection, according to a report by the Wall Street Journal. The move ...
13h
Spirit Nearing Bankruptcy Deal That Would Wipe Out Shareholders
Spirit Airlines Inc. is closing in on a deal with creditors that would restructure its crushing debt load in bankruptcy court ...
MarketWatch on MSN
15h
Spirit may be at the end of its runway as Frontier talks break down, bankruptcy looms
Spirit
Airlines Inc. shares fell more than 60% in the after-hours session Tuesday after the Wall Street Journal reported it ...
Reuters
17h
Spirit Aero gets help from Boeing, Airbus to prop up weak finances
Spirit
Aero expects to burn $450-$500 million over next 9 months
Spirit
must repay $350 million in 2026 Boeing aims to ...
14h
When does Spirit Christmas open? What to know about Spirit Halloween’s new holiday venture
Spirit Christmas stores have taken over abandoned storefronts in malls or shopping centers in New York, Pennsylvania, ...
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