Spirit Airlines, facing debt challenges after the blocked merger with JetBlue, is working with law firm Davis Polk and financial adviser Perella Weinberg. The airline reported a multimillion-dollar net loss following the merger setback. Despite this, Spirit remains optimistic about its future, expecting a return to profitability with or without the JetBlue takeover. The company has dismissed speculation about its future as a 'misguided narrative.'
Spirit is defiant about merging with JetBlue and optimistic about business (via @HudsonsView) https://t.co/VEJbHmwM8Y
Spirit Airlines reported a multimillion-dollar net loss weeks after a federal judge blocked its merger with JetBlue. https://t.co/JSyobBIHV8
Spirit Airlines has tapped law firm Davis Polk and financial adviser Perella Weinberg to address its debt after last month’s ruling blocking its planned merger with JetBlue, @WSJBankruptcy scoop from @jodixu @gladstonea https://t.co/xyohFUOY7n
Spirit Airlines is working with advisers to address its debt maturities after a proposed acquisition by JetBlue Airways was blocked last month, according to people with knowledge of the matter https://t.co/bECOjni65B
Spirit Airlines calls speculation about its future 'misguided narrative' https://t.co/3ldJveJc0F https://t.co/C0JxUELJQA
Spirit expects return to profitability with or without JetBlue takeover https://t.co/nhrvwx9S4t