Spirit said it plans to sell 23 Airbus jets and cut millions in costs ‘primarily by a reduction in workforce’ as it scales back flight capacity Last Updated: Oct. 24, 2024 at 8:14 p.m. ET ...
Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise cash. In a filing on Thursday with the Securities and Exchange ...
Spirit Airlines plans to sell 23 Airbus aircraft to GA Telesis for $519 million to boost liquidity. The airline is experiencing capacity reductions due to aircraft sales, engine issues, and ...
Spirit has drawn down $350 mln loan but had only $218 mln cash at end of Q3 Spirit has announced worker furloughs to conserve cash Shares fall 4% in after-hours trading Oct 23 (Reuters) - (This ...
Spirit announced a two-month extension to refinance or extend its debt, eliminating the near-term bankruptcy risk. Even with the surge, the stock is still down big. This is a high-risk situation ...
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. Per the filing, Spirit has extended the ...