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Spirit Airlines
SAVE

Delisted

SAVE was delisted on the 19th of November, 2024.

 

About: Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.

Employees: 13,167

Financial journalist opinion

Negative
Reuters
1 month ago
Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy
Spirit Airlines was expected to be one of the big travel industry winners after the pandemic. But the no-frills pioneer never found its wings in a changed business and operating landscape.
Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy
Neutral
Business Wire
1 month ago
NYSE to Commence Delisting Proceedings Against Spirit Airlines, Inc. (SAVE)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Spirit Airlines, Inc. (the “Company”) — ticker symbol SAVE — from the NYSE. Trading in the Company's common stock will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to NYSE Listed Company Manual Section 802.01D after the Co.
NYSE to Commence Delisting Proceedings Against Spirit Airlines, Inc. (SAVE)
Negative
The Street
1 month ago
What the Spirit Airlines bankruptcy will mean for flyers
Spirit has filed for bankruptcy protection after years of financial struggles. Transcript: Conway Gittens: Wall Street looked to the bond market for guidance on Monday following the biggest weekly stock market rout in two months.
What the Spirit Airlines bankruptcy will mean for flyers
Negative
Bloomberg Markets and Finance
1 month ago
Spirit Airlines Files for Bankruptcy, Bondholders to Take Over
Spirit Airlines filed for bankruptcy with a plan to hand over control to bondholders after failing to agree on a merger with rivals. Jonathan Randles reports.
Spirit Airlines Files for Bankruptcy, Bondholders to Take Over
Negative
Fast Company
1 month ago
‘You can continue to book and fly': Spirit Airlines says it will operate normally during Chapter 11 bankruptcy
Spirit Airlines announced Monday that it will enter prearranged Chapter 11 bankruptcy proceedings with backing from a supermajority of its bondholders.
‘You can continue to book and fly': Spirit Airlines says it will operate normally during Chapter 11 bankruptcy
Negative
Invezz
1 month ago
Spirit Airlines files for Chapter 11: unpacking the turbulence and what's next
Spirit Airlines, a pioneer in low-cost air travel, filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court of the Southern District of New York. The decision marks the first major US airline bankruptcy since American Airlines in 2011, and it follows years of financial strain worsened by failed mergers and evolving market demands.
Spirit Airlines files for Chapter 11: unpacking the turbulence and what's next
Negative
The Guardian
1 month ago
Spirit Airlines files for bankruptcy amid mounting financial losses
Biggest US budget airline says it expects to operate as normal as it works its way through Chapter 11 process
Spirit Airlines files for bankruptcy amid mounting financial losses
Negative
Market Watch
1 month ago
Spirit Airlines files for bankruptcy after tumultuous period in which two attempted mergers fell through
Spirit Airlines Inc. filed for a voluntary, pre-arranged Chapter 11 bankruptcy early Monday, capping a tumultuous period for the low-cost airline in which efforts to merge with two rivals fell through.
Spirit Airlines files for bankruptcy after tumultuous period in which two attempted mergers fell through
Negative
Proactive Investors
1 month ago
Spirit Airlines files for bankruptcy under creditor-backed restructuring
Spirit Airlines Inc has filed for bankruptcy protection under a bondholder-backed restructuring plan aimed at slashing debt. Under the pre-agreed deal, unveiled on Monday, bondholders will provide $300 million in debtor-in-possession financing before Spirit exits bankruptcy early next year.
Spirit Airlines files for bankruptcy under creditor-backed restructuring
Negative
Investopedia
1 month ago
Budget Carrier Spirit Airlines Files for Bankruptcy
Spirit Airlines (SAVE) said Monday it filed for bankruptcy protection and reached an agreement to restructure its debt with its bondholders.
Budget Carrier Spirit Airlines Files for Bankruptcy
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