OTC Markets OTCPK - Delayed Quote USD

Spirit Airlines, Inc. (SAVEQ)

0.4650

0.0000

(0.00%)

At close: April 18 at 4:00:00 PM EDT

Bank stocks, bitcoin falls, Spirit CEO steps down: Market Minute

Madison Mills takes a closer look at the top stories as part of today's Market Minute. Big bank stocks, including JPMorgan (JPM) and Wells Fargo (WFC), are moving higher after an initial fall as analysts recalibrate their outlooks to account for mounting recession fears. Bitcoin (BTC-USD) is selling off as other crypto-related names, including Robinhood (HOOD), Strategy (MSTR), and Coinbase (COIN), are mixed today. Spirit Airlines (SAVEQ) stock is in focus after CEO Ted Christie stepped down. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

Yahoo Finance Video 14 days ago

COIN

HOOD

SAVEQ
0.00%
Tesla & Apple price target cuts, Spirit CEO steps down

Brad Smith and Madison Mills take a closer look at some of the trending tickers on Yahoo Finance in premarket trading on Morning Brief. Tesla (TSLA) shares fall after longtime bull, Wedbush analyst Dan Ives, cut his price target to $315 from $550, citing China tariffs and softer demand. Apple (AAPL) stock is on the decline after the Wedbush analyst also lowered his Apple price target to $250 from $325 due to the impact of tariffs. Spirit Airlines (SAVEQ) CEO Ted Christie steps down after the company exited bankruptcy protection as part of a private deal. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 14 days ago

SAVEQ
0.00%
AAPL

TSLA
Boeing’s Push to Boost 737 Production Starts With Closing ‘Shadow Factory’

The aircraft manufacturer has vowed to finally shut production lines that fixed planes instead of building new ones.

The Wall Street Journal 2 months ago

SAVEQ
0.00%
BA

ALK
Why Airlines Are Racing Into Connecticut

Upstarts are having success there and in other suburbs, but travelers say some details still need to be worked out.

The Wall Street Journal 2 months ago

SAVEQ
0.00%
JBLU
Spirit AeroSystems to Declare Going Concern Amid Boeing Takeover

Spirit AeroSystems Holdings’ management cited substantial doubt about its ability to continue due to cash flow and liquidity issues.

The Wall Street Journal 2 months ago

BA

SPR

SAVEQ
0.00%
Frontier Airlines Says Bankruptcy Won’t Fix Spirit. Its Solution: Merge

Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.

The Wall Street Journal 2 months ago

ULCC
-3.47%
JBLU

SAVEQ
0.00%
Frontier Airlines makes second bid to take over Spirit Air

Frontier Airlines (ULCC) is making its second bid to take over Spirit Airlines (SAVEQ) after a failed attempt in 2022. Spirit, which filed for bankruptcy in November of 2024 following JetBlue’s failed bid, plans to emerge from Chapter 11 bankruptcy soon. Frontier argues Spirit’s restructuring could lead to an unprofitable airline with high debt. Spirit rejected the bid, calling it inadequate. The airline industry faces challenges competing with legacy carriers while balancing pricing and consumer spending. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch

Yahoo Finance Video 2 months ago

SAVEQ
0.00%
ULCC
-3.47%
Airlines Are Charging Higher Fares and Are Confident You’ll Pay Up

Pricing power is shifting toward airlines and other companies that provide services consumers crave.

The Wall Street Journal 2 months ago

LUV

DAL

SAVEQ
0.00%
The Best and Worst Airlines of 2024

An Alaska Airlines blowout grounded dozens of planes. A summer tech outage crippled Delta. Delta took the crown again in The Wall Street Journal’s 17th airline scorecard, standing out in nearly every category.

The Wall Street Journal 2 months ago

LUV

JBLU

ULCC
-3.47%
Airline execs grilled on 'junk fees' in testy Senate hearing: 'Travelers are quite simply fed up'

Airline executives defended their business practices in heated exchanges with lawmakers over ancillary travel fees.

Yahoo Finance 4 months ago

SAVEQ
0.00%
ULCC
-3.47%
REFR
United, Spirit, and other airline execs defend alleged 'junk fees'

Airline executives from Frontier Airlines (ULCC), Spirit Airlines (SAVEQ), United Airlines (UAL), American Airlines (AAL), and Delta Air Lines (DAL) testify in front of the Senate to defend themselves against accusations of using so-called junk fees to drive their revenue. Wealth! Host Brad Smith outlines what investors need to know. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.

Yahoo Finance Video 4 months ago

LUV

AAL

SAVEQ
0.00%
In 5 Years, Airlines Made $12.4 Billion From Seating Fees Alone. Senate And Biden Admin Say These 'Junk Fees' Must Stop

A new Senate report has shed light on just how much money airlines are making off add-ons like seat and baggage fees. And it’s a lot: $12.4 billion from seat selection fees alone between 2018 and 2023. And now, lawmakers and the Biden administration are saying enough is enough. Sen. Richard Blumenthal, who chairs the Senate’s Permanent Subcommittee on Investigations, recently revealed the findings. Blumenthal said that airlines have been exploiting passengers with what he calls “junk fees,” like

Benzinga 4 months ago

SAVEQ
0.00%
Spirit Airlines Faces Uncertain Future Amid Bankruptcy Delays and Rising Costs

Spirit Airlines Inc (SAVEQ) has disclosed a new risk, in the Litigation & Legal Liabilities category. Spirit Airlines Inc. faces significant business risks due to delays in their Chapter 11 bankruptcy proceedings, increasing the likelihood of unsuccessful reorganization and rising bankruptcy-related costs. Such delays may lead to negative publicity and strained relationships with creditors, employees, customers, and other crucial partners, worsening their operational and financial condition. Add

TipRanks 4 months ago

SAVEQ
0.00%
Major airline stocks getting lift from renewed travel demand

Major airline stocks — like United Airlines (UAL) and Delta Air Lines (DAL) — have experienced some serious gains in 2024 as demand returns to the travel industry and operators. Yahoo Finance senior business reporter Ines Ferré highlights several drivers behind growing travel demand and international bookings. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 4 months ago

JBLU

DAL

AAL
US Senate Panel Blasts Airlines Over 'Junk Fees'

A US Senate panel slammed US airlines over so-called "junk fees" related to seat selection and luggage, multiple media outlets reported Tuesday.

PREMIUM
MT Newswires 4 months ago

DAL

AAL

UAL
Why are planes so jammed? Airlines want it that way so they can charge more

If you’re flying this holiday season and you’re noticing the plane feels more packed, while your wallet feels thinner, there’s a reason for that.

CNN Business 4 months ago

SAVEQ
0.00%
JBLU
Airlines make billions charging ‘junk fees,’ congressional report says

Airlines have raked in billions of dollars by charging extra to select a seat and some airlines paid workers incentives to encourage charging more for baggage fees, according to previously undisclosed data in a new Senate subcommittee report.

CNN Business 4 months ago

SAVEQ
0.00%
DAL
US Senate panel criticizes rising airline seat fees, will call execs to testify

A U.S. Senate panel on Tuesday criticized rising airline fees for seat assignments and luggage and will call air carrier executives to testify on Dec. 4. Senator Richard Blumenthal, who chairs the Permanent Subcommittee on Investigations, will convene a hearing titled "The Sky’s the Limit -- New Revelations About Airline Fees" with senior executives from American Airlines, United Airlines Delta Air Lines , Spirit Airlines and Frontier to testify.

Reuters 4 months ago

DAL

SAVEQ
0.00%
Debt Piles Up And Losses Mount – Spirit Airlines Finally Files For Bankruptcy After Struggling To Stay Afloat

Spirit Airlines has filed for Chapter 11 bankruptcy, a strategic move to stabilize its finances while keeping operations running smoothly. Known for its ultra-low-cost business model, the airline has faced mounting challenges, including over $1 billion in deferred debt, a $158 million quarterly loss this year and failed merger efforts with JetBlue and Frontier Airlines. Don't Miss: This rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 — With already over 40

Benzinga 4 months ago

SAVEQ
0.00%
Spirit Airlines CEO Gets $3.8 Million Bonus 1 Week Before Company Files Bankruptcy

According to an SEC filing, Spirit Airlines, Inc. (OTC:SAVEQ) CEO Ted Christie was paid a $3.8 million retention bonus just one week before the budget airline filed for bankruptcy. The Details: Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday and announced a comprehensive balance sheet restructuring plan aimed at reducing its debt and allowing the airline to continue to operate through the bankruptcy process. Spirit's existing bondholders agreed to take a $350 million ownersh

Benzinga 4 months ago

SAVEQ
0.00%

Performance Overview

Return	SAVEQ	S&P 500 (^GSPC)
YTD	+38.81%	-12.30%
1-Year	-88.49%	+3.84%
3-Year	-97.98%	+17.40%

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Spirit Airlines, Inc. (SAVEQ)

Bank stocks, bitcoin falls, Spirit CEO steps down: Market Minute

Tesla & Apple price target cuts, Spirit CEO steps down

Boeing’s Push to Boost 737 Production Starts With Closing ‘Shadow Factory’

Why Airlines Are Racing Into Connecticut

Spirit AeroSystems to Declare Going Concern Amid Boeing Takeover

Frontier Airlines Says Bankruptcy Won’t Fix Spirit. Its Solution: Merge

Frontier Airlines makes second bid to take over Spirit Air

Airlines Are Charging Higher Fares and Are Confident You’ll Pay Up

The Best and Worst Airlines of 2024

Airline execs grilled on 'junk fees' in testy Senate hearing: 'Travelers are quite simply fed up'

United, Spirit, and other airline execs defend alleged 'junk fees'

In 5 Years, Airlines Made $12.4 Billion From Seating Fees Alone. Senate And Biden Admin Say These 'Junk Fees' Must Stop

Spirit Airlines Faces Uncertain Future Amid Bankruptcy Delays and Rising Costs

Major airline stocks getting lift from renewed travel demand

US Senate Panel Blasts Airlines Over 'Junk Fees'

Why are planes so jammed? Airlines want it that way so they can charge more

Airlines make billions charging ‘junk fees,’ congressional report says

US Senate panel criticizes rising airline seat fees, will call execs to testify

Debt Piles Up And Losses Mount – Spirit Airlines Finally Files For Bankruptcy After Struggling To Stay Afloat

Spirit Airlines CEO Gets $3.8 Million Bonus 1 Week Before Company Files Bankruptcy

Performance Overview