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Stock impact report

What the Spirit Airlines bankruptcy will mean for flyers [TheStreet.com]

Spirit Airlines, Inc. (SAVE) 
Last spirit airlines, inc. earnings: 2/5 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.spirit.com
Company Research Source: TheStreet.com
Conway Gittens: I'm Conway Gittens reporting from New York City. Here's what we're watching on TheStreet today. Wall Street looked to the bond market for guidance on Monday following the biggest weekly stock market rout in two months. Investors are focusing on the strength of the economy and whether that will now prompt the Federal Reserve to move slower on cutting interest rates. In other news - Spirit Airlines has filed bankruptcy. The ultra low-cost airline struggled to compete in a marketplace where ticket prices dropped for domestic travel and more Americans flew to international destinations post-pandemic. But there's good news for Spirit's frequent flyers, in an open letter posted on its website Spirit says “The most important thing to know is that you can continue to book and fly now and in the future,” adding customers “can use all tickets, credits, and loyalty points as normal.” The question remains, however, what destinations will still be available? The company ha Show less Read more
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