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If You'd Invested $10,000 in Spirit Airlines Stock 10 Years Ago, Here's How Much You'd Have Today Selena Maranjian, The Motley Fool November 11, 2024 at 9:39 AM
The company is reportedly back in merger talks with Frontier.
Spirit Airlines (NYSE: SAVE) is a high-risk investment that only the most aggressive investors should be looking at right now. If you pass that screen, then the next big question is whether the ...
The troubled airline has more time to work out its debt issues.
Spirit also has about $1 billion in debt to deal with later in the year. The airline has a lot of options, including renegotiations with creditors or returning planes to lessors to free up capital.
Spirit Airlines is regularly losing between $100 million and $200 million per quarter though, with no end in sight. Indeed, the sale of 23 of its roughly 215 passenger jets will only make it more ...
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Spirit may have staved off bankruptcy, at least for the moment.