Spirit Aviation Holdings, Inc. (FLYYQ)
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Spirit Airlines shutdown forces thousands of US employees to reset careers
In April, Travis Arcamone was named flight attendant of the year at Spirit Airlines' Orlando, Florida, base. A month later, he was out of a job, after the company failed to find a way out of a second bankruptcy and collapsed in early May.
Spirit Airlines lawyer apologizes to Americans 'priced entirely out' of air travel after sudden collapse
A lawyer representing Spirit Airlines apologized to Americans now priced out of air travel after the budget carrier's sudden shutdown leaves families stranded.
Spirit Airlines employees, adrift with no severance or healthcare, turn to GoFundMe after company's collapse
Spirit Airlines abruptly ended operations in the early morning on Saturday, May 2, following a failed government bailout for Spirit Aviation Holdings Inc. The company shutdown left customers stranded—the carrier flew more than 50,000 passengers the day before—and about 17,000 employees without a job, effective immediately.
Spirit Airlines pilot gave emotional farewell to passengers after company announced shutdown: ‘Onward and upward'
"We are the second-to-last plane to land – every other plane has landed; flights are not taking off again," the pilot said while choking up.
Spirit Airlines CEO on carrier's collapse: 'We just kind of ran out of runway'
Spirit Airlines shut down over the weekend and its CEO told CNBC that the company "just ran out of time." The carrier, once the largest U.S. discounter, was in its second bankruptcy in less than a year and failed to secure a lifeline to keep it afloat.
Spirit Airlines Shutting Down After White House Bail Out Falls Through
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Spirit Airlines Shuts Down Operations After White House Bailout Collapse
Spirit Aviation Holdings Inc.is winding down operations after the troubled US discount carrier buckled under the weight of surging fuel prices and a government bailout dangled by US President Donald Trump fell through. Bloomberg Intelligence Senior Aerospace, Defense, and Airlines Analyst George Ferguson and Bloomberg News White House Correspondent Jeff Mason join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
Spirit Airlines says it's going out of business after 34 years and is ending operations immediately
Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years.
Trump gives Spirit Airlines 'final' proposal as beleaguered carrier prepares to shut down
Spirit Airlines received a final bailout proposal from the U.S. as President Donald Trump says the administration is "driving a tough deal" to aid the beleaguered carrier.
Spirit Airlines faces potential shutdown as rescue deal collapses
Spirit Airlines (OTC:FLYYQ) is preparing for a potential shutdown after a proposed financial rescue package failed to come together, according to a Wall Street Journal report citing people with knowledge of the matter. The ultra-low-cost carrier had been seeking roughly $500 million in emergency funding intended to stabilize its finances and keep operations running.
Spirit Airlines Stock Plummets Below $1. The Budget Carrier Faces Potential Collapse.
Spirit approached the federal government for a $500 million bailout. A report claims the talks have stalled.
Why The Trump Administration May Bail Out Spirit Airlines
The Trump administration is in advanced talks to give Spirit Airlines a $500 million rescue package as the iconic discount carrier faces the threat of liquidation. The bailout could be a political risk for President Trump, who has overseen numerous government interventions in the private sector in his second term, including U.S. Steel, Intel and USA Rare Earth.
