SAVE Stock Recent News

The potential bankruptcy filing comes after Spirit's failed $3.8 billion merger with JetBlue Airways. The transaction was scrapped due to regulatory challenges.

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Friday.

Shares of Spirit Airlines fell by over 30% on Friday, pacing the company's worst loss since a merger with JetBlue Airways was blocked earlier this year, after reports indicated the low-cost airline was exploring bankruptcy.

24/7 Wall St. Insights Spirit Airlines Inc. (NYSE: SAVE) reportedly may go bankrupt.

Spirit Airlines (SAVE) shares are tumbling 40% in premarket trading Friday as the carrier reportedly is exploring a bankruptcy filing in the wake of its failed $3.8 billion merger with rival JetBlue Airways (JBLU).

The low-cost carrier is having a nightmarish 2024, with its shares down 86% even before Thursday's news.

Spirit Airlines is reportedly in talks with bondholders about a potential Chapter 11 bankruptcy filing. US news outlets say the budget carrier is also considering an out-of-court restructuring but is primarily focused on reaching agreements with creditors.

Spirit Airlines (SAVE, Financial), a low-cost carrier, saw its stock price dive to an all-time low in after-hours trading. This decline followed reports that the airline is negotiating with bondholders over potential bankruptcy filing terms.

The Wall Street Journal reported the budget carrier is in talks with bondholdersand other creditors to support a Chapter 11 filing.

Images of the special-edition PiNK Uniform Collection are available for download  here DANIA BEACH, Fla., Oct. 1, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) is turning the skies pink this October with the debut of its special-edition uniform collection in support of Breast Cancer Awareness Month.