Boeing layoffs, Spirit bankruptcy, and the most delayed flights: Airlines news roundup
It turns out that Boeing’s huge layoff plans were not just a strike threat. Spirit Airlines can’t put out an earnings report that might show investors how close it is to bankruptcy. Rich people take private flights like the rest of us take taxis.
Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit Airlines Inc.’s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company warned that its equity would be wiped out as part of a restructuring deal that it’s currently negotiating with its creditors.
Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 days or within weeks, sources familiar with the matter confirmed to CBS News. The Wall Street Journal first reported the looming bankruptcy filing.
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 price target lowered to 50c from $3 at Barclays
Barclays lowered the firm’s price target on Spirit Airlines (SAVE) to 50c from $3 and keeps an Underweight rating on the shares. The
Will Spirit Airlines go bankrupt? Stock price collapses after merger talks with Frontier reportedly end
The embattled discount airline is in rough financial shape, with shares falling 64% in premarket trading on Wednesday. Here’s the latest. Shares in Spirit Airlines (NYSE: SAVE) are trading down over 64% in premarket as of this writing.
Spirit Airlines, which flies out of Logan Airport, may be filing for bankruptcy. Here's what to know
BOSTON - A popular airline that flies out of Boston's Logan Airport is looking at a future that's in jeopardy. Revenue down. CBS News sources said Spirit Airlines is preparing to
Spirit Airlines stock plunges 59% amid report of bankruptcy deal
Spirit Airlines' stock plunged 59% on Wednesday as the budget airline worked with creditors to restructure debt amid reports the company could file for bankruptcy protection within the next few weeks.
Spirit Airlines says noteholder deal, if reached, would cancel equity
Spirit Airlines (SAVE) said last night that its unable to file its quarterly report for the quarter ended September 30 “by the prescribed
Spirit Airlines could file for bankruptcy protection in the coming weeks following year of losses
Spirit Airlines, a popular choice for low-cost airfare, may be heading for bankruptcy after a possible merger with Frontier Airlines fell through.
American Airlines Flight Narrowly Avoids Mountain
Simple Flying, an aviation news outlet, reported that after taxiing for 14 minutes, the Airbus A321neo aircraft took off from ...
American Airlines plane performs 'expedited climb' to avoid mountain in Hawaii
An American Airlines flight had to "perform an expedited climb" in order to avoid a mountain during a routine departure out ...
As airlines avoid Israel, UAE’s FlyDubai and Etihad keep up flights for both diplomacy and dollars
Since the Mideast wars began with Hamas’ initial Oct. 7, 2023, attack on Israel, many international airlines have halted, ...
American Airlines passenger shares photos of man ‘in my lap’ in reclining seat complaint
An American Airlines passenger had an uncomfortable flight after the seat in front of him was reclined ‘in my lap’ ...
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 ...
Spirit Airlines Delays Release of Q3 Financial Results as Debt Restructuring Talks Heat Up
Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with ...
Apple taps Delta, United, other major airlines to help track luggage with AirTags, Find My technology
More than 15 airlines including British Airways, Delta Air Lines, Qantas, United, Virgin Atlantic and more global carriers ...
Aegean Airlines Q3 net profit drops as international traffic falls
Greece's largest carrier, Aegean Airlines , on Thursday posted a 19% fall in quarterly net profit, citing the suspension of ...
Connecticut’s Haitian community concerned after airlines ban travel to Port-au-Prince
Members of Connecticut’s Haitian community are concerned after two U.S. based airplanes were hit by gunfire near ...