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Spirit's bankruptcy filing will likely mean higher airfares across airlines as it trims schedule, according to experts. ... and has now decided it wasn't such a good idea," he said.
Working from a place of weakness isn't a good outcome for Spirit or its shareholders. From a cynical point of view, a potential buyer could just wait for bankruptcy to arrive and buy the company's ...
Planes that Spirit does own could be sold off to raise cash during its bankruptcy, but the airline may choose to sell other assets like gates and airport slots instead if its managers feel the ...
Planes that Spirit does own could be sold off to raise cash during its bankruptcy, but the airline may choose to sell other assets like gates and airport slots instead if its managers feel the ...
Image source: Upsplash/The Motley Fool. After months of difficulties, Spirit Airlines has filed for Chapter 11 bankruptcy protection. The company hopes the restructuring will help it get back on ...
On Thursday, Spirit Airlines unveiled plans to cut costs and raise cash amid bankruptcy reports. Its stock rose after it said it would sell Airbus jets worth up to $519 million and cut staff.
Spirit Airlines officially filed for bankruptcy protection today Monday after the pioneer of no-frills travel in the U.S. struggled with a long run of quarterly losses, failed merger attempts and ...
What travelers need to know and should expect in the wake of Spirit Airlines' bankruptcy filing.