Spirit Air Sells Jets to Boost Cash as Possible Bankruptcy Looms [Yahoo! Finance]
Frontier Group Holdings, Inc. (ULCC)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Robotaxis Are No Friend of Public Transportation Booming Cambridge Exposes England's Widening Wealth Gap Oman Sees an Urban Future Distinct From Dubai and Abu Dhabi Climate Change Is Killing Buildings in Slow Motion Argentina Drug Trafficking Hotspot Sees Murders Plunge Net proceeds from the sale, combined with eliminating the plane-related debt from its balance sheet, will boost Spirit's liquidity by about $225 million through year-end 2025, according to a regulatory filing Thursday. The airline plans to deliver the planes through February to the buyer, GA Telesis LLC. The deal comes as Spirit holds talks with Frontier Group Holdings Inc. about filing for bankruptcy to facilitate a takeover by the rival discount carrier, Bloomberg reported Wednesday. Spirit is facing a liquidity crisis after its attempt to merge with JetBlue Airways Corp. was blocked on antitrust grounds, and subsequent efforts for a rescue by creditors were unsuccessful. Spi
Show less
Read more
Impact Snapshot
Event Time:
ULCC
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
ULCC 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
ULCC alerts
High impacting Frontier Group Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
ULCC
News
- Frontier Group Holdings (ULCC): The Best Aviation Stock According to Hedge Funds? [Yahoo! Finance]Yahoo! Finance
- Spirit Pushes Restructuring Forward That Wipes Out Shareholders [Yahoo! Finance Canada]Yahoo! Finance Canada
- Frontier Group Holdings, Inc. (NASDAQ: ULCC) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating. They now have a $8.00 price target on the stock, up previously from $6.00.MarketBeat
- Frontier Group Holdings, Inc. (NASDAQ: ULCC) had its price target lowered by analysts at Morgan Stanley from $8.00 to $7.00. They now have an "equal weight" rating on the stock.MarketBeat
- A No-Frills Airline Is Getting Into the Premium Game [Yahoo! Finance]Yahoo! Finance
ULCC
Earnings
- 10/29/24 - Miss
ULCC
Sec Filings
- 12/26/24 - Form 4
- 12/23/24 - Form 144
- 12/9/24 - Form 4
- ULCC's page on the SEC website