Spirit Airlines continues talks with creditors amid bankruptcy filing

Quick Summary:

Spirit said in October that it would furlough about 330 pilots on Jan.31 as part of its efforts to cut costs and shore up its finances.

The Dania Beach, Florida-based airline has been losing money despite strong travel demand.

Shares of the company were down 39 per cent at $1.8 after the bell.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Spirit Airlines Aviation Bankruptcy Creditors Airlines Airline sector

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 09:49:12 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 321 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23564872

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 317 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions