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
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 company remains in question. In August, Spirit stopped charging passengers cancellations or change fees, saying it was part of an effort to improve customer e
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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