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Spirit Airlines, Inc. (SAVE)
Last spirit airlines, inc. earnings: 2/5 04:14 pm
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Source: CNN
If you planned on traveling aboard Spirit Airlines for the holidays, which filed for bankruptcy Monday, you shouldn't worry. Spirit plans to operate business as usual as it begins to work on its $3.1 billion in long-term debt, according to previous regulatory filings “Guests can continue to book and fly without interruption and can use all tickets, credits and loyalty points as normal,” the airline said in a release. Of course, that could change in the coming months. Historically, airlines or other firms that go bankrupt make major changes to try to restructure their balance sheet and return to profitability. While this may not mean immediate impacts to travelers or fans of the airline, this could mean changes down the line to areas like its frequent flyer program and routes, says Zach Griff, senior reporter at The Points Guy. “My take is that in the immediate short term, I wouldn't necessarily expect too many changes,” Griff told CNN. “Thanksgiving flyers, December, Christ
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News
- 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
- Forbes Daily: How Trump's Shift On EV Regulations Would Benefit Musk [Forbes]Forbes
SAVE
Earnings
- 8/1/24 - Miss
SAVE
Sec Filings
- 11/19/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/13/24 - Form 8-K
- SAVE's page on the SEC website