What does Spirit Airlines' bankruptcy filing mean for travelers? [Fortune]
RTX Corporation (RTX)
Company Research
Source: Fortune
The airline said customers should not see any disruption to their travel plans while the process unfolds. The filing followed years of struggles for the Florida-based airline, which is known for its no-frills, low-cost flights. Spirit failed to bounce back from the COVID-19 pandemic, largely due to rising operating expenses and stiffer competition. The airline has lost more than $2.5 billion since the beginning of 2020 while also racking up mounting debt The bankruptcy proceedings are aimed at restructuring the company and shoring up its finances . Still, unease around the bankruptcy petition may have some travelers looking elsewhere for flights ahead of the busy holiday travel season. Here's what you need to know. Will the Chapter 11 affect my booking or loyalty points with Spirit? For now, it's business as usual. Spirit says it expects to continue operating normally throughout the bankruptcy process, and that travelers can continue making reservations and taking flights wi
Show less
Read more
Impact Snapshot
Event Time:
RTX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RTX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RTX alerts
High impacting RTX Corporation news events
Weekly update
A roundup of the hottest topics
RTX
News
- BedJet Black Friday sale: Get the machine that solves night sweats for 35% off [Business Insider]Business Insider
- RTX's Pratt & Whitney and WZL2 sign a letter of intent for F100 sustainment work in PolandPR Newswire
- Airbus CEO says CFM engine supplies achievable, but tight [Yahoo! Finance]Yahoo! Finance
- Pratt & Whitney donates $15K to Pierpont Community & Technical College's Aviation Maintenance Program [Yahoo! Finance]Yahoo! Finance
- Spirit Airlines filed for bankruptcy. What does that mean for travelers? [Yahoo! Finance]Yahoo! Finance
RTX
Earnings
- 10/22/24 - Beat
RTX
Sec Filings
- 10/22/24 - Form 10-Q
- 10/22/24 - Form 8-K
- 10/16/24 - Form 8-K
- RTX's page on the SEC website