Spirit Airlines Stock Sinks on Report Frontier Merger Talks Break Down [Yahoo! Finance]
Frontier Group Holdings, Inc. (ULCC)
Company Research
Source: Yahoo! Finance
getting ready to file for bankruptcy protection after revived merger talks with Frontier Airlines parent Frontier Group Holdings collapsed. According to The Wall Street Journal , Frontier has pulled out of merger talks with Spirit, which has also been in advanced talks with bondholders to work out a bankruptcy plan. "A bankruptcy filing is expected to happen within weeks," the report said. Spirit Airlines ( SAVE ) shares are plunging more than 60% in premarket trading on a report that the budget carrier is getting ready to file for bankruptcy protection after revived merger talks with Frontier Airlines parent Frontier Group Holdings ( ULCC ) collapsed. According to The Wall Street Journal , Frontier has pulled out of merger talks with Spirit, which has also been in advanced talks with bondholders to work out a bankruptcy plan. "A bankruptcy filing is expected to happen within weeks," the report said. Spirit is struggling with surging losses and said last month it plans to cu
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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