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Spirit Airlines, Inc.

https://www.spirit.com

Industry

Airlines, Airports & Air Services

Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.

Open

1.32

Mkt cap

118M

Volume

25M

High

1.34

P/E Ratio

-0.17

52-wk high

17.02

Low

1.03

Div yield

0.37

52-wk low

1.03

Spirit Airlines' stock has plummeted by 98%, raising questions about whether it's a good time to buy. The article likely discusses factors affecting the stock's performance and potential future outlook.

Portfolio Pulse from

November 17, 2024 | 10:45 am

Spirit Airlines is reportedly nearing a bankruptcy filing after a failed merger with Frontier Airlines. The airline is working with creditors on a bankruptcy plan, and a filing could occur within weeks. Spirit Airlines shares have plunged almost 60% following the news.

Portfolio Pulse from

November 13, 2024 | 3:45 pm

Spirit Airlines has warned that its equity would be wiped out if it reaches a bankruptcy deal with its creditors. The airline is expected to file for bankruptcy in the coming weeks.

Portfolio Pulse from

November 13, 2024 | 2:30 pm

Spirit Airlines is reportedly preparing to file for bankruptcy protection, causing its stock to tumble. This development is significant for shareholders as it may impact the company's financial stability and stock value.

Portfolio Pulse from

November 13, 2024 | 11:30 am

Spirit Airlines shares plummeted in after-hours trading following news of potential bankruptcy and a failed merger with Frontier. The company is negotiating with creditors to restructure its debts, which could result in shareholders losing their investments.

Portfolio Pulse from

November 13, 2024 | 6:30 am

Spirit Airlines has filed a Form 12b-25 with the SEC, indicating a delay in filing its quarterly report. This form is expected to be available on the SEC's EDGAR system on November 13, 2024.

Portfolio Pulse from

November 13, 2024 | 12:00 am

The FAA has banned U.S.-Haiti flights for 30 days following an incident where a Spirit Airlines flight was struck by gunfire. Spirit, American, and JetBlue have suspended their flights to Haiti.

Portfolio Pulse from

November 12, 2024 | 8:30 pm

Spirit Airlines experienced a 30% share price gain despite facing challenges, including being struck by gunfire in Haiti and entering Chapter 11 bankruptcy protection discussions.

Portfolio Pulse from

November 11, 2024 | 7:30 pm

Spirit Airlines is making efforts to avoid bankruptcy, but even in the best-case scenario, it is unlikely to yield significant financial returns for investors.

Portfolio Pulse from

November 09, 2024 | 11:30 pm

Spirit Airlines is celebrating 20 years of service between the Dominican Republic and the United States with special anniversary fares starting at $129 one way and a promotion for their Free Spirit loyalty program.

Portfolio Pulse from

November 07, 2024 | 2:15 pm

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