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Spirit Airlines Eyes Bankruptcy
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 was nearing bankruptcy after merger talks with Frontier Group Holdings Inc.
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 Eyes Bankruptcy as Frontier Talks Fail, WSJ Says
Spirit Airlines Inc. is preparing to file for bankruptcy protection after merger talks with Frontier Group Holdings Inc. broke down, the Wall Street Journal reported.
Spirit Aero to receive up to $350 million in funding
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.
Spirit Aero to receive up to $350 million in funding from Boeing
By David Shepardson and Allison Lampert (Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay 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 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.
Forbes
1h
Spirit Airlines Shares Crater In After-Hours Trading As It Nears Bankruptcy Deal That Could Wipe Out Shareholders
Spirit
Airlines shares cratered sharply in after-market trading on Tuesday evening, as the company announced it was in ...
Bloomberg L.P.
5h
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 ...
Reuters
9h
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 ...
5h
on MSN
US flights to Haiti suspended after Spirit, JetBlue and American planes struck by gunfire
A Spirit Airlines plane diverted to the Dominican Republic, and one crewmember was injured when it was apparently struck by ...
12h
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 ...
9h
Ben Baldanza, Spirit Airlines CEO Who Pioneered Ultralow-Cost Air Travel in the U.S., Dies at 62
He knew his airline offered a stripped-down version of what his competitors did—and he was proud of it.
10h
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 ...
7h
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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Haiti
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