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Spirit Air Sells Jets to Boost Cash
Spirit Airlines plans to cut jobs and sell some planes amid looming financial sturggles
Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future.
Spirit Airlines is selling planes to rustle up $500 million in extra cash
The ultra-low-cost carrier said in a regulatory filing Thursday that it has entered into an agreement with aerospace company GA Telesis for the sale of some of its aircraft. The total price tag on the agreement is approximately $519 million, Spirit disclosed.
Spirit Air Sells Jets to Boost Cash as Possible Bankruptcy Looms
Spirit Airlines Inc. agreed to sell 23 Airbus SE aircraft for $519 million, giving the budget carrier a much-needed cash boost as it nears a possible bankruptcy filing.
1h
on MSN
Spirit Airlines stock jumps 25% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines plans to cut jobs, sell planes and shrink its footprint next year. The budget carrier is struggling from the ...
17m
on MSN
These Stocks Are Moving the Most Today: Tesla, Capri, Western Digital, Deckers, Centene, Spirit Airlines, Newell Brands, and More
Tesla stock rises after shares of the electric-vehicle maker surged 22% on Thursday, a judge grants the FTC request to block ...
Rolling Out
11m
Passengers encounter unwelcome surprise on Spirit Airlines flight
In a bizarre incident that has taken social media by storm, passengers aboard a Spirit Airlines flight from Dallas to Los ...
17h
Spirit Airlines announces layoffs, jet sales as it tries to stay afloat
Embattled discount airline Spirit Airlines Inc. on Thursday said it would cut staff, scale back flight coverage and sell jets ...
3h
Spirit Airlines to Trim Workforce, Sell Aircraft to Help Shore Up Liquidity
The airline said capacity fell 1.2% during the recent quarter and estimates fourth-quarter capacity will be down 20% compared ...
21h
on MSN
Spirit Airlines Passengers Spot ‘Super Rat’ Scurrying Around in Plane Cabin's Ceiling Light Mid-Flight
Commenters on social media are debating whether it was a rat or another type of rodent that hitched a ride on a flight from ...
2d
on MSN
Spirit Airlines Stock Jumps on Report of Renewed Bid by Frontier
Spirit Airlines shares are surging in premarket trading Wednesday on a report that Frontier Group Holdings is in the early ...
18h
on MSN
Spirit Airlines Agrees to Sell 23 Planes
The airline said capacity fell 1.2% during the recent quarter and estimates fourth-quarter capacity will be down 20% compared ...
Travel + Leisure
1h
Spirit Has Flights to New York, Las Vegas, and More for Under $50 Right Now
Spirit Airlines recently released dozens of flight deals with one-way fares under $50 to popular destinations.
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