Spirit Airlines Stock Flies
Spirit Airlines Jumps the Most Ever on Two-Month Debt Reprieve
Spirit Airlines Inc.’s shares soared the most in 13 years of trading after the carrier secured more time to address a troublesome debt load that has raised the prospect of bankruptcy.
Why Spirit Airlines Stock Is Soaring Today
Spirit Airlines (NYSE: SAVE) has secured more time to work out its debt burden, easing near-term bankruptcy fears. The stock took off on the news, trading up as much as 73% on Monday morning and up 58% as of 1 p.
Spirit Airlines Stock Soars 60% After Extending Deadline To Refinance Debt
Spirit Airlines’ stock swelled by 60% on Monday, on track for the low-cost airline’s best day since going public, after the carrier announced an extension to refinance its debt while temporarily avoiding the threat of bankruptcy.
Spirit Airlines borrows $300 million, gets extended deadline in debt refinance talks
Spirit Airlines gave itself some financial breathing room by borrowing $300 million and reaching a new deadline for refinancing a large portion of its debt. The Dania-Beach-based airline posted
Spirit Airlines Stock Flies After Carrier Extends Debt Refinancing Deadline
Key Takeaways Spirit Airlines shares surged higher Monday morning as the carrier said it extended a deadline for debt refinancing with Visa and Mastercard.The discount airline also said it has used all of a $300 million revolving credit line,
Spirit Airlines has more time to refinance its loans as it borrows more money
Spirit Airlines has been given a two-month extension to refinance about $1 billion of its debt, which was due on Monday. The largest Florida-based airline has been renegotiating $1 billion of its bonds as its stock price plummets.
Spirit Airlines Extends Debt Deadlines, JetBlue Founder Suggests Frontier Group A More Suitable Match
Spirit Airlines extends its debt deadlines amid bankruptcy speculations, while JetBlue's founder argues that Frontier would have been a better match after their failed merger.
Spirit Airlines stock soars 40% because it's not going bankrupt yet
Spirit Airlines (SAVE) stock was soaring Monday morning after the budget airline revealed it had struck a last-minute deal to refinance some debt.
Spirit Airlines Soars 45% After Last-Minute Lifeline
Spirit Airlines surged by 45% after the budget airline clinched a deal to extend a crucial debt-refinancing deadline. With the new date set for December 23, Spirit is racing again
Spirit Airlines shares jump 46% on extension to debt refinancing deadline
Shares of Spirit Airlines surged as much as 46% on Monday after the ultra low-cost carrier reached a deal with its credit card processor to extend a debt refinancing deadline by two months until Dec.
Spirit Airlines shares soar more than 60% on debt refinancing extension
Spirit Airlines shares soared by as much as 65% on Monday after the budget airline struck a deal to extend its debt refinancing plan by two months. The agreement with US Bank National Association to push the deadline — which was set to expire Monday — until Dec.
Spirit Airlines is not going bankrupt . . . yet
Embattled US carrier Spirit Airlines extended its debt refinancing plan with Visa and Mastercard, causing its stock to ...
JetBlue's founder thinks Spirit Airlines should have found a better match
The founder of JetBlue Airways (JBLU) added insult to injury following the airline’s ill-fated merger attempt with Spirit ...
Stocks of JetBlue, Frontier fall after troubled rival gets a life line
Shares of Spirit Airlines rocketed a record 49% in recent trading, enough to pace all NYSE-listed gainers, after the ...
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Judge blocks $3.8B JetBlue-Spirit merger, cites 'anticompetitive harm'
A federal judge on Tuesday blocked JetBlue Airways’ proposed $3.8 billion acquisition of budget carrier Spirit Airlines, agreeing with the Justice Department that the deal would hurt the ...