About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

ToplineSpirit Airlines shares cratered sharply in after-market trading on Tuesday evening, as the company announced it was in talks with creditors to restructure its debts in a deal—shortly after the Wall Street Journal reported the company is preparing to file for bankruptcy protection and its planned merger with rival low-cost carrier Frontier had broken down.Spirit Airlines is reportedly on the verge of filing for Chapter 11 Bankruptcy protection after ... [+] plans for a merger with rival Frontier fell ...

DANIA BEACH, Fla., Nov. 12, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today announced that it had filed a Form 12b-25 with the Securities and Exchange Commission that is expected to be available on the SEC's EDGAR filing system on Wednesday, November 13, 2024, prior to the opening of the market session. That form will contain the following disclosure:The Company is unable to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the "Q3 202 ...

The Federal Aviation Administration on Tuesday banned U.S. civilian flights to and from Haiti for 30 days after a Spirit Airlines airplane was struck by gunfire trying to land in Port-au-Prince a day earlier.The FAA's ban also prohibits U.S. flights from traveling under 10,000 feet in Haiti's airspace.On Monday, Spirit Airlines Flight 951 from Fort Lauderdale, Florida, diverted to Santiago in the Dominican Republic at around 11:30 a.m. after it was damaged by gunfire, the airline said. Spirit said one fligh ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Spoiler: It's a horrifying number. Here's why.Have you been thinking about Spirit Airlines (SAVE 0.93%) lately? You might be, as its stock has fallen, arguably making its stock price more attractive to investors. You might even dream of how much money you could make, and might wonder how much you'd have today if you'd invested $10,000 in it a decade ago. Let's tackle these questions. First, let's look at how the stock has been faring. In October, my colleague Neil Patel asked, "Down 97%, is it time to buy S ...

Travelers in the Dominican Republic can enjoy limited-time anniversary fares starting at $129* one wayDANIA BEACH, Fla., Nov. 7, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) is celebrating two decades of soaring between the Dominican Republic and the United States this November with limited-time anniversary fares and a Free Spirit® loyalty program promotion. Spirit first launched service in Santo Domingo (SDQ) in 2004 and has expanded service to include Punta Cana (PUJ) and Santiago de los Caballeros ( ...

Group 1 - The Spirit Charitable Foundation's seventh annual Spirit Open raised over $1.2 million for nonprofit organizations within Spirit Airlines' network [1][3] - The event featured more than 200 participants and was held at the Deer Creek Golf Club in Deerfield Beach, Florida, followed by a networking reception [2] - The Foundation invests 100% of the funds raised into organizations that positively impact children, families, service members, and the environment across the U.S., Latin America, and the Caribbean [3] Group 2 - The 2024 Spirit Open was presented by NextGen Aero, with notable partner sponsors including Airbus, Bank of America, and Pratt & Whitney [2] - A list of nonprofit organizations confirmed to receive support includes All Nations Community Outreach, Big Brothers Big Sisters of Broward County, and the Houston Food Bank, among others [4] - Spirit Airlines is recognized as a leading low-fare carrier, committed to providing value and enhancing travel experiences while supporting community initiatives through the Spirit Charitable Foundation [5]

Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise cash. In a filing on Thursday with the Securities and Exchange Commission (SEC), the ultra-low-cost carrier, whose plan to merge with JetBlue was blocked by regulators this year, said it identified approximately $80 million in annualized cost reductions that it plans to implement next year. These cost reductions will primarily result from "a reduction in workforce commensurate with the ...

The company served up another glimmer of hope that it can navigate its way out of its current mess. Just when it looks like the stock's rally is out of fuel, Spirit Airlines (SAVE 16.48%) finds a way to send its shares even higher. Today's near-20% jump is being driven by another round of news that the struggling airline may yet find a way to sidestep a potential bankruptcy. Another step in the right direction It's been a storied week for the company to say the least. Last Friday its credit card processor ( ...