Spirit Airlines files for bankruptcy amid growing losses and debt [Yahoo! Finance]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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US:NASDAQ Investor Relations:
investor.jetblue.com/investor-relations
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Source: Yahoo! Finance
The company said in a stock market statement that it had secured a prearranged deal with bondholders that includes $300 million in financing to keep it afloat, with the business planning to end its bankruptcy in the first quarter of 2025. Ticket sales and all other operations will continue as normal, the company said in the statement, which comes just 10 days before record numbers of travelers are expected to take to the skies over Thanksgiving.“I am pleased we have reached an agreement with a supermajority of both our loyalty and convertible bondholders on a comprehensive recapitalization of the Company, which is a strong vote of confidence in Spirit and our long-term plan,” Spirit CEO and president Ted Christie said in a statement. “The most important thing to know is that you can continue to book and fly now and in the future," Christie said in a letter to customers. The Dania Beach, Florida-based company had already deferred $1.1 billion in debt payments until next year and
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JBLU
Earnings
- 10/29/24 - Beat
JBLU
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- JBLU's page on the SEC website