Spirit Airlines Says Not Evaluating Chapter 11 Bankruptcy At This Time
Portfolio Pulse from Benzinga Newsdesk
Spirit Airlines has announced that it is not evaluating Chapter 11 bankruptcy at this time, according to Bloomberg.

June 07, 2024 | 1:16 pm
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Spirit Airlines has stated that it is not evaluating Chapter 11 bankruptcy at this time, which may alleviate investor concerns about the company's financial stability.
The confirmation from Spirit Airlines that it is not considering Chapter 11 bankruptcy should ease investor concerns about the company's financial health, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100