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Spirit Airlines cutting jobs

Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air

On Thursday, Spirit Airlines unveiled plans to cut costs and raise cash amid bankruptcy reports.Its stock rose after it said it would sell Airbus jets worth up to $519 million and cut staff.Spirit has faced challenges since its proposed merger with JetBlue was called off in March.

FOX News on MSN · 14h

Spirit Airlines plans to sell planes, cut jobs

Spirit Airlines announced in a regulatory filing this week that it agreed to sell some of its planes and plans to cut its workforce as it seeks to raise cash.

The Wall Street Journal on MSN · 1d

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 with last year’s quarter.

Spirit Airlines explores merger with Frontier Airlines

The Business Journals · 13h

Spirit Airlines explores merger with Frontier Airlines as bankruptcy looms, WSJ reports

Two airlines that previously had canceled a multibillion-dollar acquisition deal are exploring a combination once again, according to reports.

Dallas Morning News · 2d

Frontier, Spirit revive merger attempt after failed JetBlue combination, WSJ reports

Frontier Airlines is exploring a revived bid for Spirit Airlines Inc., the Wall Street Journal reported. The budget carriers recently held talks, though discussions are at an early stage and may not lead to a deal, the WSJ said, citing unidentified people familiar with the matter.

Wall Street Journal · 2d

Frontier, Spirit Airlines Revive Merger Talks

The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.

Two US Airlines Suspend Flights To Haiti Amid Violence Spike

JetBlue and Spirit Airlines suspended flights to Haiti this week, sources at Port-au-Prince's international airport said, as a fresh spike in gang violence roils the struggling Caribbean nation.

8hon MSN

Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs

Spirit Airlines shares surged Friday after the struggling budget carrier said it would cut jobs and sell aircraft. The stock closed the day 16% higher, at $2.79 per share.

Spirit Airlines Extends Debt Deadlines, JetBlue Founder Suggests Frontier Group A More Suitable Match

Spirit Airlines extends its debt deadlines amid bankruptcy speculations, while JetBlue's founder argues that Frontier would ...

18hon MSN

Why Spirit Airlines Rocketed Over 100% Higher This Week

Shares of discount airline Spirit Airlines (NYSE: SAVE) rocketed 105.4% higher through Friday trading at 10:30 a.m. ET, ...

Stocks of JetBlue, Frontier fall after troubled rival gets a life line

Shares of Spirit Airlines rocketed a record 49% in recent trading, enough to pace all NYSE-listed gainers, after the ...

Hosted on MSN5d

Judge blocks $3.8B JetBlue-Spirit merger, cites 'anticompetitive harm'

A federal judge on Tuesday blocked JetBlue Airways’ proposed $3.8 billion acquisition of budget carrier Spirit Airlines, agreeing with the Justice Department that the deal would hurt the ...

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