Citi: Spirit Airlines Shutdown Creates a Huge Win for Frontier Stock
Citi raised Frontier PT to $4.90 as Spirit shuts down, boosting ULCC’s growth outlook and short-term upside potential.
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Spirit Airlines Shuts Down After 34 Years: First Major Victim of the Iran War Fuel Crisis
The board meeting ended with no agreement to rescue the company. The White House had proposed $500 million in financing for a 90% equity stake.
The End of Spirit Airlines: Cheap Flights May Never Be the Same
Spirit Airlines may stop flying after failed $500M bailout; shares crash, flights uncertain, and fares may rise as competition drops.