Spirit Airlines files for Chapter 11 bankruptcy [Yahoo! Finance]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
The airline, best known for its ultra-cheap fares, subpar customer service, and failed merger attempts, became the first U.S. carrier to file for bankruptcy protection since American Airlines more than a decade ago. Spirit has faced mounting problems starting with the COVID-19 pandemic including a surge in costs, an airplane engine recall, and its high-profile failure to merge with JetBlue Airways. "Spirit expects to continue operating its business in the normal course throughout this prearranged, streamlined Chapter 11 process," Spirit said in a statement . "Guests can continue to book and fly without interruption and can use all tickets, credits, and loyalty points as normal." Spirit also promised that the bankruptcy filing would not affect its workers, their wages or benefits, or work as usual. It also said vendors and leaseholders would continue to be paid. Spirit's stock entered a freefal l last week after the Wall Street Journal reported that the carrier was planning on
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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