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Spirit Airlines Inc (SAVE)

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Why Spirit Airlines Rocketed Over 100% Higher This Week

Why Spirit Airlines Rocketed Over 100% Higher This Week

Spirit may have staved off bankruptcy, at least for the moment.

Fool | 1 year ago
Spirit Airlines stock jumps 25% after struggling budget carrier said it will sell planes, cut jobs

Spirit Airlines stock jumps 25% after struggling budget carrier said it will sell planes, cut jobs

Spirit Airlines plans to cut jobs, sell planes and shrink its footprint next year. The budget carrier is struggling from the fallout of a scuttled acquisition, an engine recall and an oversupplied U.S. market

Cnbc | 1 year ago
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air

Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air

On Thursday, Spirit Airlines unveiled plans to cut costs and raise cash amid bankruptcy reports. Its stock rose after it said it would sell $519 million of Airbus jets and cut staff.

Businessinsider | 1 year ago
Spirit Airlines Stock Jumps on Job Cuts, Plane Sales

Spirit Airlines Stock Jumps on Job Cuts, Plane Sales

Spirit Airlines (SAVE) shares are surging 12% in premarket trading Friday after the discount carrier said it plans to cut jobs and sell some planes as it tries to shore up its finances.

Investopedia | 1 year ago
Spirit Airlines announces layoffs, jet sales as it tries to stay afloat

Spirit Airlines announces layoffs, jet sales as it tries to stay afloat

Embattled discount airline Spirit Airlines Inc. on Thursday said it would cut staff, scale back flight coverage and sell jets as it seeks a lifeline following its failed merger with JetBlue Airways Corp. earlier this year.

Marketwatch | 1 year ago
Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?

Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?

Transportation stocks typically indicate the economy's current state, while airline stocks gauge the consumer cycle's direction instead. Recently, shares of Spirit Airlines Inc. NYSE: SAVE have nearly doubled after the company struck a new deal to help keep its debt burden flexible ahead of bond maturities in 2025.

Marketbeat | 1 year ago
Why Spirit Airlines Stock Is Flying High Today

Why Spirit Airlines Stock Is Flying High Today

The company is reportedly back in merger talks with Frontier.

Fool | 1 year ago
Spirit Airlines is not going bankrupt . . . yet

Spirit Airlines is not going bankrupt . . . yet

After concern mounted earlier this month that Spirit Airlines was set to announce bankruptcy, the company has lived to see another day in the sky—for now.

Fastcompany | 1 year ago
Spirit Airlines shares soar more than 60% on debt refinancing extension

Spirit Airlines shares soar more than 60% on debt refinancing extension

The deadline extension allows Spirit some wiggle room to refinance its $1.1 billion in secured debt due to mature next year.

Nypost | 1 year ago
Why Spirit Airlines Stock Is Soaring Today

Why Spirit Airlines Stock Is Soaring Today

The troubled airline has more time to work out its debt issues.

Fool | 1 year ago
Spirit Airlines Stock Soars 60% After Extending Deadline To Refinance Debt

Spirit Airlines Stock Soars 60% After Extending Deadline To Refinance Debt

Spirit Airlines' stock swelled by 60% on Monday, on track for the low-cost airline's best day since going public, after the carrier announced an extension to refinance its debt while temporarily avoiding the threat of bankruptcy.

Forbes | 1 year ago
Spirit Airlines Stock Flies After Carrier Extends Debt Refinancing Deadline

Spirit Airlines Stock Flies After Carrier Extends Debt Refinancing Deadline

Spirit Airlines (SAVE) shares jumped nearly 40% in premarket trading Monday as markets reacted to a late-Friday filing that saw the discount carrier say it has extended the deadline on a debt refinancing plan with credit card processors Visa (V) and Mastercard (MA).

Investopedia | 1 year ago
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