Spirit Airlines Files for Bankruptcy

Spirit Airlines Bankruptcy And Boeing's Long-Term Picture: It's Complicated
Dhierin Bechai delves into Spirit Airlines bankruptcy, Boeing's turnaround plans and why Lockheed Martin looks promising.
Spirit Airlines filed for bankruptcy. What does that mean for travelers?
Spirit failed to bounce back from the COVID-19 pandemic, largely due to rising operating expenses and stiffer competition. The airline has lost more than $2.5 billion since the beginning of 2020 while also racking up mounting debt.
What Travelers Should Know About the Spirit Airlines Bankruptcy
Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter 11 bankruptcy.
Spirit Airlines files for bankruptcy
Spirit Airlines files for Chapter 11 bankruptcy
Budget carrier Spirit Airlines announced early Monday that it has filed for Chapter 11 bankruptcy, saying it expects to spend the next year going through the process.
Spirit Airlines CEO announces Chapter 11 bankruptcy. Here's what that means.
CEO Ted Christie confirmed in August that Spirit was talking to advisers of its bondholders about the upcoming debt maturities. He called the discussions a priority, and said the
Major airline files for bankruptcy
Spirit Airlines announced on Monday that it filed for Chapter 11 bankruptcy protection to reduce its debt and restructure the company.
Spirit Airlines Officially Files for Bankruptcy: How Will It Affect Your Travel Plans?
Welp, Spirit Airlines has officially thrown in the towel and filed for Chapter 11 bankruptcy protection, as many had anticipated. This move went down this Monday, marking a significant moment for the low-cost carrier that’s been dealing with mounting losses,
Spirit Aero gets help from Boeing, Airbus to prop up weak finances
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
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Spirit Aero Raises More Cash with Asset Sale
This is the latest step by Spirit to accrue cash, to continue operating as it prepares to be acquired by Boeing, a deal ...
Boeing supplier Spirit AeroSystems says there’s ‘substantial doubt’ about its ability to keep operating
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability ...
Boeing Supplier Spirit Aero Adds Another Worry to the Stock’s Turnaround Story
Boeing and the aerospace supply chain have navigated a costly labor strike with surprising ease. One of Boeing’s key ...
Key Boeing supplier Spirit Aero raises doubts over ability to continue as going concern
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company ...
Exclusive: Boeing close to funding agreement to help supplier Spirit Aero, source says
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...
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Boeing to pay Spirit AeroSystems up to $350M in advance payments
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
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Spirit AeroSystems secures fresh loan from Boeing amid cash crunch
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
Spirit AeroSystems to Sell Fiber Materials Unit for $165M -- Update
Aerostructures maker Spirit AeroSystems Holdings, which has been hurt by a strike at Boeing, agreed to sell its Fiber Materials Inc. business to Tex-Tech Industries for $165 million. FMI's ...
In wake of Spirit SEC filing, aerospace analyst 'would not be surprised' to see another Boeing cash advance
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
Continuing Coverage: Boeing to pay Spirit AeroSystems up to $350M in advance payments
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...