Airline sector jolted by Spirit Airlines' bankruptcy
The long-anticipated bankruptcy of ultra-low-cost carrier Spirit Airlines (NYSE:SAVE) is reverberating through the airline sector, with rival Frontier Group Holdings (NASDAQ:ULCC) also suffering a double-digit loss in sympathy with an 18% drop in Spirit (SAVE).
Separate talks for a merger with Frontier Group Holdings Inc. also fell apart in recent weeks, paving the way for the ...
The aircraft fleet is relatively young, which has made Spirit an attractive takeover target. Frontier Airlines tried to ...
Florida - Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday morning, following months of uncertainty ...
Spirit Airlines said Monday that it's filed for bankruptcy protection and will attempt to reboot as it struggles to recover ...
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