An announcement from Spirit AeroSystems ( ($SPR) ) is now available. Spirit AeroSystems is involved in a legal dispute following a class action ...
Spirit emerged from bankruptcy in March by converting about $800 million of corporate debt into equity. Still, it remained burdened with over $2 billion in debt and steep aircraft leasing expenses.
NEW YORK -- Spirit Airlines could end up in bankruptcy and be forced out of business because of a federal court decision to block a proposed sale to JetBlue Airways, according to a note from an ...
The aircraft parts maker asserted that former CEO Larry Lawson breached his retirement agreement by becoming a consultant for the activist investor Elliott Management. Spirit AeroSystems has landed a ...
Spirit Aviation Holdings (FLYY) stock, the parent company of troubled Spirit Airlines, tumbled on Tuesday after the airline operator said it was running out of cash and could soon go out of business. ...
Discount carrier Spirit Airlines, overwhelmed with continuing financial difficulty, returned to bankruptcy court in a second bid to rehabilitate its business reorganization under Chapter 11 protection ...
Spirit Airlines warned Tuesday that it may not survive for another year if it doesn’t raise more cash, just months after exiting bankruptcy.
Spirit Airlines (NYSE:FLYY) is exploring strategic alternatives after its recent financial restructuring failed to put the budget carrier on a sustainable path, WSJ reported, citing people familiar ...
Discount air carrier Spirit Airlines said Monday that it is putting hundreds of pilots on unpaid leave starting in November. Shares of its parent company, Spirit Aviation Holdings, closed down 2.4% to ...