The company is reportedly back in merger talks with Frontier.Merger talks between Frontier Group Holdings (ULCC 0.67%) and Spirit Airlines (SAVE 43.55%) are reportedly heating up again, and investors are excited about the possibility.Shares of Spirit soared as much as 50% at the open on Wednesday and traded up about 40% as of 11 a.m. ET.Third time's the charm?The future of Spirit Airlines has been up in the air for some time now. In 2022, the airline agreed to combine with Frontier but JetBlue Airways stepp ...

Spirit Airlines shares soared by as much as 65% on Monday after the budget airline struck a deal to extend its debt refinancing plan by two months. The agreement with US Bank National Association to push the deadline — which was set to expire Monday — until Dec. 21 provides some wiggle room for Spirit to refinance its $1.1 billion loyalty bonds due to mature next year. The Florida-based airline said it has fully drawn down its $300 million revolving credit facility and expects to end the year with more than ...

文章核心观点 - 航空公司Spirit Airlines获得更多时间来解决其债务问题,缓解了其短期破产的担忧 [1][2] - 公司股价在这一消息公布后大涨,但仍远低于今年的高点,投资者需谨慎考虑其风险 [3] 公司情况总结 - 今年1月,Spirit航空公司与JetBlue航空公司的并购计划因反垄断问题被阻止 [2] - 公司自身经营也受到RTX发动机问题的影响,部分机队被迫停飞 [2] - 公司原定10月21日到期的债券必须在当日完成再融资或展期,否则可能会影响其信用卡交易协议,导致无法售票而不得不申请破产 [2] - 公司最终在上周五获得延期至12月23日的时间来解决这一问题 [2] 行业形势分析 - 航空业面临严峻的经济环境和不确定因素,公司正在与之抗争 [3] - 即使获得延期,公司仍面临诸多困难,投资者需谨慎考虑其风险 [3]

ToplineSpirit Airlines’ stock swelled by 60% on Monday, on track for the low-cost airline’s best day since going public, after the carrier announced an extension to refinance its debt while temporarily avoiding the threat of bankruptcy.The budget airline fell to a new record earlier this month as it reportedly considered bankruptcy.GC Images Key FactsSpirit’s shares increased to over $2.30 as of around 1:15 p.m., pacing the stock’s best day since a 37% spike on March 24, 2020. On Friday, Spirit disclosed a ...

文章核心观点 - 精神航空公司股价周一早盘大涨近40%,因公司表示已延长与Visa和Mastercard的债务再融资期限 [1][2] - 公司已动用全部3亿美元的循环信贷额度,预计到2024年底将拥有至少10亿美元的流动性 [2] - 自从与捷蓝航空放弃合并以来,公司股价已经下跌近90% [3] 公司概况 - 精神航空公司是一家低成本航空公司 [1] - 公司股价自年初以来已经下跌近90% [3] - 公司面临法律挑战导致与捷蓝航空的合并计划被放弃,以及成本削减措施如推迟飞机交付和裁员等,这些因素导致公司股价大跌 [3] - 公司正在考虑申请破产 [3] 财务状况 - 公司已动用全部3亿美元的循环信贷额度 [2] - 公司预计到2024年底将拥有至少10亿美元的流动性 [2] - 公司正在与2025年到期的高级有担保票据和2026年到期的可转换高级票据的持有人就到期日进行积极和建设性的讨论 [2]

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Spirit Airlines shares closed at a fresh low on Friday ahead of a looming deadline to refinance more than $1.1 billion in debt. The airline's stock closed down roughly 3%, at less than $1.50 per share. The budget carrier had extended that deadline with credit card processor U.S. Bank to Monday, from a previous date in September. The Miramar, Florida-b ...

Frankie Muniz travels comfy with Spirit's blocked middle seat Spirit giving away 10 pairs of Go Comfy tickets in #NotInTheMiddle social media giveaway DANIA BEACH, Fla., Oct. 17, 2024 /PRNewswire/ -- Spirit Airlines' (NYSE: SAVE) newest ad takes flight with actor Frankie Muniz, best known for his iconic role as the middle child in a beloved sitcom that aired in the early 2000s. Muniz is decidedly #NotInTheMiddle in Spirit's playful new ad in which he enjoys the extra elbow room of Spirit's Go Comfy travel o ...

Spirit Airlines Inc SAVE is facing turbulent skies ahead. While the broader airline industry is flying high, Spirit's financial woes are pushing it toward a potential bankruptcy. With debt piling up and its stock plummeting, the budget carrier is now fast-tracking the retirement of its Airbus A319 fleet. Investors are left wondering: Can Spirit pull off a turnaround, or is this the beginning of the end? What Happened? Spirit Airlines is expediting the retirement of its Airbus A319 fleet, with final flights ...

A downtrend has been apparent in Spirit (SAVE) lately with too much selling pressure. The stock has declined 36.3% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotti ...

Travelers can enjoy limited-time fares starting at $49 one-way and a Free Spirit® bonus points promotion DANIA BEACH, Fla., Oct. 15, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) is celebrating its new Alabama service today, following the Oct. 10 launch of its daily, nonstop service from BirminghamShuttlesworth International Airport (BHM) to Fort Lauderdale-Hollywood International Airport (FLL). Spirit's introduction of the only nonstop flight from Birmingham to Fort Lauderdale provides affordable optio ...