Spirit Airlines shares plunge on bankruptcy speculation [CNN]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: CNN
file bankruptcy — and the company's announcement that it won't report quarterly financial results because it's scrambling to reach a deal with creditors. A Wall Street Journal report Tuesday evening said a bankruptcy filing is expected to happen within weeks, as talks with Frontier Airlines to possibly buy Spirit ( SAVE ) broke down recently. Neither Spirit nor Frontier would comment on the report. Spirit did, however, say in a Securities and Exchange Commission filing Wednesday that it is in “productive” negotiations with its lenders to restructure its debt, which comes due in 2025 and 2026. Spirit also said any restructuring of its debt would not affect customers, employees or suppliers. Because of those discussions, the company said, Spirit is unable able to complete its third-quarter financial report by the prescribed time. It did say that losses continued to increase in the quarter and revenue fell. Customers may be nervous about booking on Spirit as the future of the com
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JBLU
News
- Factbox-US deals blocked by regulators or facing intense scrutiny [Yahoo! Finance]Yahoo! Finance
- Why JetBlue Rallied Today [Yahoo! Finance]Yahoo! Finance
- Drone footage captures scope of damage, destruction from deadly Louisville explosion [USA TODAY]USA TODAY
- Spirit Airlines shares plunge on bankruptcy speculation [Yahoo! Finance]Yahoo! Finance
- Spirit Airlines shares plunge on bankruptcy speculation [CNN]CNN
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