The Daily Money: Spirit Airlines files bankruptcy [USA TODAY]
Spirit Airlines, Inc. (SAVE)
Last spirit airlines, inc. earnings: 2/5 04:14 pm
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Source: USA TODAY
Spirit Airlines filed for bankruptcy protection today after the pioneer of no-frills travel in the U.S. struggled with a long run of quarterly losses, failed merger attempts and looming debt maturities. Spirit's troubles deepened after the collapse of its $3.8 billion planned merger with JetBlue Airways in January and the impact of a snag with a manufacturer's engine that grounded many of Spirit's aircraft, according to my colleague, Zach Wichter. What does this mean for your upcoming Spirit flights? How will Trump tariffs affect U.S. manufacturers? President-elect Donald Trump has promised a "manufacturing renaissance" upon his return to the White House, pledging tariffs to bolster companies that make products within the U.S. The idea is to drive up the price of imported goods to make American-made products more appealing, according to my colleague, Bailey Schulz. What does this mean for U.S. manufacturers? Consumer stories you shouldn't miss Here's how to protec
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- Analysis-Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy [Yahoo! Finance Canada]Yahoo! Finance Canada
- What does the Spirit Airlines bankruptcy mean for airfares? Experts weigh in. [Yahoo! Finance]Yahoo! Finance
- How Spirit Airlines' Bankruptcy Filing Will Affect Holiday Flights [Yahoo! Finance]Yahoo! Finance
- Spirit's bankruptcy won't impact holiday travelers, experts say. But frequent flyers and routes could be impacted next year [Yahoo! Finance]Yahoo! Finance
- More from CNN [CNN]CNN
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