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Spirit Airlines warns of "substantial doubt" about its ability to stay in business
Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plummeted on Tuesday after the company warned of "substantial doubt" about its ability to stay in business. CBS News senior transportation correspondent Kris Van Cleave has more.
Low-cost carrier Spirit Airlines expresses substantial doubt about continuing operations within 12 months after debt ...
This budget airline's financial struggles, which have only increased in recent years, started several years ago shortly after ...
23hon MSN
Spirit shares plunge after the airlines sounds the alarm on its ability to stay in business
Just months after emerging from Chapter 11 bankruptcy, Spirit Airlines is warning about its ability to stay in business.
Fewer people are booking leisure trips and tough competition from other carriers are making it hard to hit the money targets, the airline said.
Spirit Airlines released its quarterly earnings report on Aug. 11, warning investors it may not survive the next 12 months.
Spirit Airlines is sounding the alarm, saying it may not be able to stay in business much longer. The struggling budget airline company offers several flights out of the Rochester airport.
ROCHESTER, N.Y. (CNN/CNN Newsource/WKRC) — Eastman Kodak and Spirit Airlines have warned they may not survive much longer.
Spirit Airlines warned Monday that despite emerging from bankruptcy and pursuing new revenue streams, it may not be able to ...
The airline is now in a last-ditch race for liquidity. It is considering selling off planes, real estate, and excess airport gate capacity. It is also in urgent discussions with its credit card ...
The budget airline, headquartered in Broward County, blamed reduced demand for domestic airfare on its inability to meet debt ...
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