Failed mergers, poorly run company, top tier customer service
Hope thecoli community isn't impacted by this. Did you offload your holdings yesterday? Are you currently employed by Spirit?
Hope thecoli community isn't impacted by this. Did you offload your holdings yesterday? Are you currently employed by Spirit?
Spirit Shares Crater In After-Hours Trading As It Nears Bankruptcy Deal
Spirit Airlines disclosed it is in talks with its creditors for a restructuring deal, hours after it was reported that the company’s merger talks with rival low-cost carrier Frontier had fallen through.
www.forbes.com
Topline
Spirit Airlines shares cratered sharply in after-market trading on Tuesday evening, as the company said it is in talks with creditors to restructure its debts in a deal—shortly after the Wall Street Journal reported the company is preparing to file for bankruptcy protection and its planned merger with rival low-cost carrier Frontier had broken down.