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Fitch Ratings on Friday downgraded Spirit Airlines long-term credit rating to 'CCC-' from 'CCC+', citing a high likelihood of ...
The DOJ blocked Spirit's merger with JetBlue in 2022 over concerns about market consolidation, but markets also consolidate when failing firms go bankrupt and exit.
Spirit is in dire financial straits, and experts believe its collapse could trigger shifts across the low-cost airline sector ...
Spirit Airlines CEO Dave Davis addresses employees after an SEC filing showed substantial doubt in the budget carrier's ...
Spirit Airlines stock plummeted 40% after it warned it could go out of business, while Frontier rose 29%. Less competition ...
Dow Jones Top Company Headlines at 7 PM ET: Trump Calls on Goldman to Replace Economist Over Tariff Stance | CoreWeave ... The bank's economists had predicted tariffs could cause inflation and slow ...
Just five months after emerging from Chapter 11 bankruptcy protection, Spirit Airlines is warning about its future ability to ...
Spirit Airlines raises doubts about its ability to stay in business, months after exiting bankruptcy
Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations.
Spirit Airlines said there was "substantial doubt" about its ability to continue as a going concern, as travel demand has ...
Spirit Airlines has issued a dire financial warning to investors over the carrier’s financial status and its prospects.
Shares reset record before the RBA’s rate call; South Australian regulator says SkyCity has shortcomings; SGH dumped despite ...
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