Spirit

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Airbus-SpaceX trash talk, Boeing layoffs, Spirit's delisting, and more: Airline news roundup

found 22 Nov Quartz

qz.com › boeing-layoffs-spirit-airlines-delisted-airline-roundup-1851705206

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The CEO of Airbus got a little chippy talking about orbital rival SpaceX. The first Boeing layoff notices have officially begun trickling out. Spirit Airlines has officially been delisted by the New York Stock Exchange post-bankruptcy declaration. Plus: The most popular airline routes in America.

Spirit Airlines is now in 'Wolf of Wall Street' territory

found 21 Nov Quartz

qz.com › spirit-airlines-stock-delisted-wolf-of-wall-street-1851704813

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Spirit Airlines (SAVEQ) is enduring another inevitable embarrassment of its recent bankruptcy declaration: Its stock has been delisted by the New York Stock Exchange. Shares, which are practically at zero, will now trade in the “pink sheet” market outside of the major venues.

2 airlines that could get a big boost from the Spirit bankruptcy, according to Deutsche Bank

found 19 Nov Quartz

qz.com › spirit-airlines-bankruptcy-jetblue-frontier-overlap-1851702719

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As the bankruptcy of Spirit Airlines winds its way through the courts, the rest of the industry is likely trying to figure out how the development will affect their own operations. Deutsche Bank (DB) says that two Spirit-familiar names, JetBlue Airways (JBLU) and Frontier Airlines (ULCC), could stand to benefit more…

Allegiant Air is is adding dozens of cheap new routes as Spirit goes bankrupt. Here's where they are

found 19 Nov Quartz

qz.com › allegiant-air-expansion-44-routes-spirit-bankrupt-1851702893

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One of the smaller U.S. airlines just announced a major expansion.

Spirit Airlines has finally gone bankrupt — and the stock is up

found 18 Nov Quartz

qz.com › spirit-airlines-bankruptcy-chapter-11-debt-financing-1851701548

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Spirit Airlines (SAVE) is throwing in the towel after a series of failed merger attempts left it scrambling to sort out its balance sheet.

Boeing layoffs, Spirit bankruptcy, and the most delayed flights: Airlines news roundup

found 15 Nov Quartz

qz.com › boeing-layoffs-spirit-airlines-bankruptcy-flight-delays-1851698964

This story seems to be about:

It turns out that Boeing’s huge layoff plans were not just a strike threat. Spirit Airlines can’t put out an earnings report that might show investors how close it is to bankruptcy. Rich people take private flights like the rest of us take taxis. Plus: The most chronically delayed airline routes in America.

Spirit Airlines can't even tell investors how bad things are

found 13 Nov Quartz

qz.com › spirit-airlines-earnings-bankruptcy-possibility-1851697403

This story seems to be about:

As reports suggest bankruptcy is on the horizon for Spirit Airlines (SAVE), the company isn’t saying much. In fact, the one thing Spirit Airlines is saying is that it can’t say what’s going on; the company told investors it won’t be able to put together a quarterly earnings filing.

Spirit Airlines might really go bankrupt this time — and the stock plunges 65%

found 13 Nov Quartz

qz.com › spirit-airlines-bankruptcy-stock-frontier-merger-1851697106

This story seems to be about:

Spirit Airlines (SAVE) stock was sinking sharply to barely above $1 per share early Wednesday, after a report late Tuesday indicated that the ultra-low-cost carrier is preparing to file for bankruptcy.

Boeing is giving its troubled supplier Spirit AeroSystems a $350 million cash advance

found 12 Nov Quartz

qz.com › boeing-737-max-spirit-aerosystems-bailout-1851696207

This story seems to be about:

Last week, fuselage manufacturer Spirit AeroSystems (SPR) sounded the alarm that it might not be able to stay in business much longer. On Tuesday, it announced that former and future owner Boeing (BA) would be coming through with a $350 million bailout.

Spirit Airlines and JetBlue planes were hit by bullets in Haiti

found 12 Nov Quartz

qz.com › spirit-jetblue-haiti-planes-bullets-1851695796

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Flights from two U.S. carriers had a scary incident in Haiti. CNN (WBD) reports that planes operated by JetBlue Airways (JBLU) and Spirit Airlines (SAVE) were struck by bullets in the country on Monday.