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.
/ 6 items
#JBLU↓
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.
Low-Cost Airlines Plunge as Trump Team Prepares $500 Million Bailout for Spirit
The Trump administration is close to approving up to $500 million rescue financing for Spirit Airlines.
JetBlue Explores Merger with United, Southwest, or Alaska After Spirit Deal Failed
JetBlue shares jumped after a report revealed the airline is exploring mergers with United, Southwest, or Alaska. What’s next after the failed Spirit deal?
United CEO Warns: Jet Fuel Spike from Iran War to Hammer Profits and Push Airfares Higher — Fast
United Airlines CEO Scott Kirby highlights how surging jet fuel prices after the U.S.-Israel strikes on Iran will impact earnings, yet passenger demand remains robust with new booking opportunities emerging.