Spirit Airlines, Inc. (LON: 0L8U)

London flag London · Delayed Price · Currency is GBP · Price in USD
0.558
+0.043 (8.35%)
Jan 22, 2025, 7:08 PM BST
-92.05%
Market Cap 44.54M
Revenue (ttm) 3.78B
Net Income (ttm) -617.37M
Shares Out n/a
EPS (ttm) -5.64
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,689
Average Volume 25,753
Open 0.535
Previous Close 0.515
Day's Range 0.481 - 0.650
52-Week Range 0.481 - 19.640
Beta n/a
RSI 45.30
Earnings Date Feb 6, 2025

About Spirit Airlines

Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida. On November 18, 2024, Spirit Airlines, Inc. filed a... [Read more]

Industry Airlines
Sector Industrials
Founded 1964
Employees 13,167
Stock Exchange London Stock Exchange
Ticker Symbol 0L8U
Full Company Profile

Financial Performance

In 2023, Spirit Airlines's revenue was $5.36 billion, an increase of 5.80% compared to the previous year's $5.07 billion. Losses were -$447.46 million, -19.25% less than in 2022.

Financial numbers in USD Financial Statements

News

'Obscene' hoodie sparks mid-air drama: Texas man removed from Spirit Airlines flight, viral video sparks backlash

US News: A Texas man was escorted off a Spirit Airlines flight after refusing to remove his hoodie bearing the phrase “FVCK HATE WORLD TOUR,” sparking a viral .

4 days ago - The Times of India

Spirit Airlines Passenger Removed from Flight Over 'Anti-Hate' Hoodie: 'I'm Like, Are You Serious?'

Spirit Airlines sparked controversy after removing a passenger from a Los Angeles flight over his hoodie.

5 days ago - IBTimes

Spirit Airlines Eliminates 200 Jobs In Turnaround Effort

Spirit Airlines has laid off 200 employees and placed 260 pilots on furlough as it navigates bankruptcy reorganization.

6 days ago - IBTimes

Spirit Airlines Cuts More Jobs as It Nears Exit From Bankruptcy

Spirit Airlines Inc. is eliminating 200 jobs in a cost-cutting move as it prepares to emerge from bankruptcy protection in the coming months.

6 days ago - BNN Bloomberg

Spirit Airlines lays off 200 workers in cost-cutting move as firm looks to emerge from bankruptcy

Spirit Airlines is laying off approximately 200 employees as part of an effort to reduce expenses as the company looks to emerge from bankruptcy, the company said. The airline's top executive, CEO Ted...

6 days ago - New York Post

Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

6 days ago - CNBC

Spirit shareholders lose fight for compensation in bankruptcy court

Spirit Airlines (SAVEQ) shares will be worthless once bankruptcy is approved, as efforts to form an equity committee have been unsuccessful. Read more here.

5 weeks ago - Seeking Alpha

Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy

Spirit Airlines was expected to be one of the big travel industry winners after the pandemic. But the no-frills pioneer never found its wings in a changed business and operating landscape.

2 months ago - Reuters

How Spirit Airlines Went From Industry Maverick to Chapter 11 Bankruptcy

The budget carrier's pivot to ultralow fares brought it success but competition, rising costs and a failed merger bid hurt the business.

2 months ago - WSJ

NYSE to Commence Delisting Proceedings Against Spirit Airlines, Inc. (SAVE)

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of S...

2 months ago - Business Wire

What the Spirit Airlines bankruptcy will mean for flyers

Spirit has filed for bankruptcy protection after years of financial struggles. Transcript: Conway Gittens: Wall Street looked to the bond market for guidance on Monday following the biggest weekly sto...

2 months ago - The Street

Spirit Airlines Files for Bankruptcy, Bondholders to Take Over

Spirit Airlines filed for bankruptcy with a plan to hand over control to bondholders after failing to agree on a merger with rivals. Jonathan Randles reports.

2 months ago - Bloomberg Markets and Finance

‘You can continue to book and fly': Spirit Airlines says it will operate normally during Chapter 11 bankruptcy

Spirit Airlines announced Monday that it will enter prearranged Chapter 11 bankruptcy proceedings with backing from a supermajority of its bondholders.

2 months ago - Fast Company

Spirit Airlines files for Chapter 11: unpacking the turbulence and what's next

Spirit Airlines, a pioneer in low-cost air travel, filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court of the Southern District of New York. The decision marks the first major US air...

2 months ago - Invezz

Spirit Airlines files for bankruptcy amid mounting financial losses

Biggest US budget airline says it expects to operate as normal as it works its way through Chapter 11 process

2 months ago - The Guardian

Spirit Airlines files for bankruptcy after tumultuous period in which two attempted mergers fell through

Spirit Airlines Inc. filed for a voluntary, pre-arranged Chapter 11 bankruptcy early Monday, capping a tumultuous period for the low-cost airline in which efforts to merge with two rivals fell through...

2 months ago - Market Watch

Budget Carrier Spirit Airlines Files for Bankruptcy

Spirit Airlines (SAVE) said Monday it filed for bankruptcy protection and reached an agreement to restructure its debt with its bondholders.

2 months ago - Investopedia

Spirit Airlines Files for Bankruptcy. What It Means for Flights.

Spirit said Monday that it has entered a restructuring agreement with its bondholders to reduce the debt on its balance sheet.

2 months ago - Barrons

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

The last bankruptcy by a major US carrier ended when American Airlines emerged from Chapter 11 protection and simultaneously merged with US Airways in December 2013.

2 months ago - New York Post

Spirit Airlines Files For Bankruptcy As Financial Losses Pile Up And Debt Payments Loom

Spirit Airlines has struggled to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue.

2 months ago - Huffington Post

Spirit Airlines files for Chapter 11 bankruptcy protection

Spirit Airlines has filed for Chapter 11 bankruptcy protection, the company announced Monday morning.

2 months ago - Fox Business

What travelers need to know about Spirit Airlines' bankruptcy

Spirit Airlines filed for Chapter 11 bankruptcy protection. The budget-travel icon said it will continue to fly.

2 months ago - CNBC

Spirit Airlines to keep flying after filing for bankruptcy protection

Spirit Airlines has filed for Chapter 11 bankruptcy protection, it said Monday. The airline will continue to operate as normal, and all tickets remain valid, it added.

2 months ago - Business Insider

Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses

Spirit has struggled since its failed acquisition by JetBlue Airways, a Pratt & Whitney engine recall and weaker-than-expected sales. The company has faced mounting losses and has been against a deadl...

2 months ago - CNBC

Spirit Airlines files for bankruptcy

Spirit Airlines has filed for bankruptcy protection after the pioneer of no-frills travel in the U.S. struggled with a long run of quarterly losses and significant debt, it disclosed on Monday.

2 months ago - Reuters